Dell in Trouble?
Taken from the Google News Business Section November 22, 2006.
Dell Computer company may be heading towards financial trouble.
Dell Computers has faced yet another rough quarter with slumping sales and the SEC breathing down it’s neck.
Revenues are only up 3.4% from last years figures and domestic sales falling 4%.
In addition to slackening domestic sales, the company is facing SEC investigations of its accounting techniques as it has yet to file financial statements for the second quarter and doubts that the audited forms will be turned in on time.
Dell Computer company may be heading towards financial trouble.
Dell Computers has faced yet another rough quarter with slumping sales and the SEC breathing down it’s neck.
Revenues are only up 3.4% from last years figures and domestic sales falling 4%.
In addition to slackening domestic sales, the company is facing SEC investigations of its accounting techniques as it has yet to file financial statements for the second quarter and doubts that the audited forms will be turned in on time.
posted by Kyle at 9:57 AM
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