News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Dell's first-quarter profit declines 79% as computer sales fall

The $13.65-a-share deal proposed by technology-focused buyout firm Silver Lake and Dell has raised the ire of some shareholders

Dell's fiscal first-quarter earnings dropped 79% as the computer maker reported weaker revenue in its computing segment.

The quarter marks Dell's sixth straight period of year-over-year profit declines amid an industry-wide slump in personal computer sales as tablets and smartphones become more popular devices.

WSJ Logo