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Dell Inc. showed unexpectedly sharp decline in revenues. The second-largest producer of computers even warned in May that major American companies will become more conservative in terms of technology in a recession economy. Weakening demand has also spread to the markets of Europe and Asia.

Until that time a major technology companies managed to maintain a fairly high level of income through sustainable demand in the international market. But the global economy is experiencing recession, and this directly affects the performance Dell. In the second quarter profit fell by 17% to $ 616 million or $ 0.31 per share from the level of $ 746 million ($ 0.33), shown a year ago.

“In each of the regions shown profit growth is significantly lower income growth,” - said Goldman Sachs analyst David Bailey (David Bailey). Excluding the costs of amortization and restructuring business Dell earned $ 0.33 per share against $ 0.36 expected by analysts. Revenue rose while 11% to $ 16.43 billion, than surpassed all expectations. But the profit drop to 17.2% from 19.9% a year earlier and 18.4% in the last quarter ago quarter disappointing outcome.

“The strategic actions to accelerate growth in some areas of our business have had an impact on gross profit” - said Dell Chief Financial Officer Brian Gladden (Brian Gladden). “Reductions in costs, changing product line and actions to expand sales outside the U.S. and Europe also affected the total.”

Dell has already reduced the 8 500 jobs from the planned 8 900. The company said that the positive impact of the current three-year plan to reduce spending by $ 3 billion manifest itself in the second half of the current fiscal year. “Conditions for the technology industry hardened, and while Dell reduces costs, this does not compensate for their negative impact on gross profits, - said Shannon Cross (Shannon Cross) of Cross Research.