Dell posts flat revenue at $14.5 billion, income drops 72 percent in Q2

Dell posted $14.5 billion revenue — flat from the previous year — in second quarter of fiscal 2014.

The Quest acquisition has assisted Dell to show flat revenue growth.

Its net income dropped 72 percent to $204 million.

Dell said its enterprise solutions, services and software (ES&S) revenue rose 9 percent. End user computing revenue fell 5 percent. ( Lenovo beats HP to regain lead in PC market share in Q2 2013 )

“In a challenging environment, we remain committed to our strategy and our customers, and we’re encouraged by increasing customer interest in our end-to-end solutions offerings and continued growth in our Enterprise Solutions, Services and Software businesses,” said Brian Gladden, Dell chief financial officer.

Dell’s enterprise solutions revenue rose 8 percent to $3.3 billion.

Dell server, networking and peripherals revenue increased 10 percent, driven by hyper-scale data center servers.

Dell networking revenue increased 19 percent.

Dell storage revenue declined 7 percent.

Dell services revenue rose 2 percent to $2.1 billion, driven by a 3 percent increase in support and deployment revenue and a 5 percent increase for infrastructure, cloud and security services revenue.

Applications and business process services revenue declined 6 percent.

Dell software revenue was $310 million, and recorded an operating loss.

The company is continuing to enhance its software capabilities with investments in this business that increase R&D and sales capacity.

Dell’s end user computing revenue fell 5 percent to $9.1 billion.

Dell desktop and thin client revenue increased 1 percent, mobility revenue declined 10 percent, and revenue from software from third parties and peripherals declined 5 percent.

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