Article Abstract:
Online sales now account for 40% of the total sales of Dell Computer in Europe, the Middle East and Africa. Dell now ranks third place behind Compaq and Fujitsu/Siemens in Europe after its sales grew by 8% in 1999. As much as 90% of its sales in the continent originate from businesses and only 10% from consumers. It ranks fifth in Germany, Europe's most lucrative market, but has plans to reach the number three spot. Dell conducts very little marketing in Europe because it has a very large installed customer base and has no need to attract new customers.
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Article Abstract:
Dell Computer Corp. recently posted second-quarter results of 50 cents per share, beating analysts's expectations by 4 cents a share. Its second quarter results also exceeded earnings of the same period in 1997 by 72%. Its net income was up 62% to $346 million, while its revenue surged 54% to $4.3 billion. The company awarded shareholders by announcing a 2-for-1 stock split that will come into effect Sept. 4, and is payable to shareholders of record on Aug. 28, 1998. The stock split is reporteldy Dell's sixth in six years.
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Article Abstract:
Lightning Source announced plans for the creation of a UK subsidiary for the printing of books on demand and the formation of strategic alliances with a UK book wholesaler and retailer. The UK subsidiary is expected to be operational by the end of 2000 while its agreement with wholesaler Bertram requires it to provide digitally-stored titles to its wholesale and library clients. Similarly, Lightning Source will provide customers of retailer Blackwell access to hard-to-find titles.
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