Dell's 1st Quarter Profits Worse Than Anticipated

  • Playlist
  • Download
  • Embed
    <iframe src="" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

A 79 percent drop in earnings — That's what the computer maker reported to investors Thursday. The reason, analysts say, it's harder to sell PCs these days with the growing popularity of smartphones and tablets


NPR's business news starts with trouble at Dell.

You might recall their old slogan - easy as Dell. Now investors might be wondering - what the Dell? The company's first quarter profit was much worse than predicted - a 79 percent drop in earnings. That's what the computer maker reported to investors yesterday. Analysts say the reason is that it's harder to sell PCs with the growing popularity of smartphones and tablets.

This poor performance comes as Michael Dell, the founder, tries to take the company private, a move some heavyweight investors are fighting.

Dell has offered $24.4 billion for the company. Carl Icahn and Southeastern Asset Management - another big investor - say that price is too low and they're proposing new leadership.

Copyright © 2013 NPR. All rights reserved. Visit our website terms of use and permissions pages at for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR’s programming is the audio.



Please keep your community civil. All comments must follow the Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

NPR thanks our sponsors

Become an NPR sponsor

Support comes from