Dell India up 28 pcnt
By Sumir Singh

Dell has announced its First Quarter financials for Fiscal Year 2012 and the highlights are

-Revenue in the quarter increased 1 percent to $15 billion, with enterprise solutions and services accounting for 30 percent of the total.
-GAAP earnings per share were 49 cents; non-GAAP EPS was 55 cents.
-GAAP operating income was $1.2 billion, or 8.1 percent of revenue. Non-GAAP operating income was $1.4 billion, or 9.2 percent of revenue.
-Cash flow from operations was $465 million for the quarter and $4.2 billion over the last four quarters. Dell ended the quarter with $15.2 billion in cash and investments.

The strategic highlights included revenue for Dell’s commercial business improving 3 percent to $12 Billion.  Commercial services revenue grew 6 percent. Enterprise solutions and services revenue grew 5 percent to $4.4 billion in the quarter and represents 30 percent of Dell’s consolidated revenue. Servers and networking revenue increased 11 percent. Dell Services revenue grew 5 percent to $2 billion.

Revenue from growth markets (which excludes the U.S., Canada, Western Europe and Japan) grew 17 percent and represents 27 percent of total company revenue. Revenue from BRIC countries grew 18 percent, with India up 28 percent and China up 22 percent.