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Dell revenue disappoints, shares slide
August 21, 2012 / 8:27 PM / 5 years ago

Dell revenue disappoints, shares slide

SAN FRANCISCO, Aug 21 (Reuters) - Dell Inc warned of a “challenging” second half for computer sales and posted quarterly revenue below Wall Street forecasts, sending its shares down almost 5 percent.

The No. 2 U.S. PC maker recorded fiscal second-quarter revenue of $14.5 billion, lagging the $14.64 billion analysts had expected on average, according to Thomson Reuters I/B/E/S.

Its shares slid to $11.78 in after-hours trade, after closing at $12.34 on the Nasdaq.

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