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+ - Dell's profit falls 18% as PCsales slump.->

Submitted by
SternisheFan
SternisheFan writes: "By NATHALIE TADENA (WSJ) Dell Inc.'s fiscal second-quarter earnings fell 18% as the computer giant recorded weaker revenue, led by declines in its consumer segment.
        Dell, which in recent years has looked to move beyond its core personal-computer business and broaden its own portfolio of products for corporate customers, faces stiff competition across its business lines. Dell has noted that some consumers were putting off computer purchases and instead focusing their attention on mobile devices. Faced with soft PC sales, Dell has attempted to boost both revenue and profit by acquiring higher-margin businesses, including data-storage, security and networking technologies. The company has made a number of acquisitions in recent months, unveiling in July plans to buy business-software maker Quest Software Inc. for $2.36 billion."

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Dell's profit falls 18% as PCsales slump.

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