FIN 3910 Chapter : DELL ValueLine
Document Summary
1 8 1 4 1 1 1 2 0 to buy. Annual rates past of change (per sh) to "14-"16. 16. 6% 21. 3% 23. 0% 18. 5% return on total cap"l. 25. 4% 33. 9% 37. 5% 27. 0% retained to com eq. Business: dell inc. is a leading global computer systems & serv- ices company. Markets via sales teams to corporate & institutional customers, and via the internet & retail outlets. Large enterprise market, 29% of fiscal "10 sales (33% of op. profits); public, 27% (33%); small/mid. business, 24% (33%); con- sumer, 20% (1%). Dell has been on a quest to improve the profitability of its operations in the past several quarters. It has been reducing the portion of low-margined prod- ucts in its sales mix and increasing re- search and product development spending (which is approaching a billion annual run rate).
