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Business Briefing / Earnings

Dell profit sinks on fewer sales

August 28, 2009|Times Wire Reports

Dell Inc.'s fiscal second-quarter profit tumbled 23% as the PC industry's slump dragged on this summer.

Dell's profit was $472 million, or 24 cents a share, in the three months that ended July 31. That compares with profit of $616 million, or 31 cents, in the year-earlier period.

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