Dell Re-Elected Chairman Of Board By Investors

The Round Rock, Texas-based company has continued to pay sharp attention to customer needs, grown its storage and server business and cut millions in costs, Dell told its shareholders' meeting.

Last week, Dell announced that strong PC sales to schools, government and consumers are expected to boost second-quarter revenue to $8.3 billion.

Analysts had expected $8.2 billion in revenue and earnings of 18 cents per share in the quarter that ends Aug. 2.

Dell, who was re-elected chairman of the board, told shareholders that the company is making progress toward eliminating more than $1 billion in costs during the current fiscal year.

id
unit-1659132512259
type
Sponsored post

Dell is scheduled to announce full results for the second quarter Aug. 15.

Shares of Dell closed down 29 cents, at $26.05 Thursday on the Nasdaq.

Copyright © 2002 The Associated Press. All rights reserved. The information contained in the AP News report may not be published, broadcast, rewritten or redistributed without the prior written authority of The Associated Press.