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Dell cuts profit outlook for 3rd quarter

by - source: Tom's Hardware

So Dell isn’t immune to the vagaries of the personal computer business either.

Long a leader whose low-cost model drove rivals crazy, Dell lowered its earnings guidance for its just-ended fiscal third quarter, citing costly failed computer parts and sluggish growth. The company’s goal of hitting $80 billion in annual sales within three to four years may be drifting out of reach.

Read the complete story here. (Seattle Post Intelligencer)

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