The profit machine that is Dell kept on rolling in the third quarter.
Dell brought in $10.6 billion in revenue for the period ended Oct. 31, which is a 16 percent increase over the same quarter last year. Dell churned out $677 million in net income for the quarter versus $561 million last year. These are rather stunning results given that Dell's hardware rivals came in flat or lost money in the quarter.
Dell used its success to put a bit of pressure on competitors.
"Customers and investors get best value over time from companies like Dell that are growing and financially very healthy," said Michael Dell, chairman of the board and chief executive officer. "The market should insist on both, and it's a credit to our teams and a better way of doing business that we're consistently meeting those expectations."
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