Segment Review

Revenue in Brazil, Russia, India and China rose 36% on a 50% increase in unit sales.

Growth was also strong in Asia Pacific and Japan where revenue grew 28% and unit sales were up 41%. Americas International revenue rose 22%.

In the quarter, Dell increased mobility revenues by 24% and unit shipments were up 37%.

Services revenue gained 7% and the company’s deferred services revenue balance grew 25% to $5.3 billion.

Earnings Guidance and Share Price Review
For the current year, Dell expects a difficult fiscal 2009 due to increased costs related to restructuring.

Analysts surveyed by Thomson Financial are looking for earnings or 35 cents per share in the current quarter on revenue of $15.83 billion. Full-year, earnings per share are guided at $1.37 and revenue at $61.37 billion.

After hours Friday, Dell shares dropped $0.03 or 0.15% to $19.87. Over the past 52 weeks, the stock has traded in the range $18.87 to $30.77. Analysts are now targeting a one-year price of $29.