5 Companies That Dropped The Ball This Week

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Dell's Profit Drops 47 Percent In Rocky Third Quarter

Sluggish consumer PC sales and the lurking specter of a slowdown in business IT spending weighed heavily on Dell in its fiscal third quarter, as profit dropped precipitously and revenue fell 11 percent.

The outlook doesn't look much better for Dell's fourth quarter, either, as CEO Michael Dell invoked the dreaded -- and overused -- phrase "challenging global macro-economic environment" to paint a picture of what investors can expect going forward.

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