Dell Post-Mortem: Sales Going Down, but Hope for Profit Springs Eternal

Dell (DELL) hit a new 52-week low today, $8.72, before closing down 51 cents, or five percent, at $9.30, after last night reporting sales that missed estimates by a billion dollars and calling the global IT demand outlook “challenging.” The stock was downgraded from “Outperform” to “Market Perform” today by Friedman Billings.

But at least a couple of analysts are willing to hold onto a “Buy” on the stock, impressed by the company’s ability to cut costs and boost margins last quarter.

Read the rest of this post

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »