Dell sticks with third quarter guidance

/ Source: The Associated Press

Dell Inc., the world’s largest personal computer maker, said on Tuesday the rate of market growth had not changed significantly and it saw no reason to alter its guidance for the third quarter.

Dell said in August it expected earnings per share of 33 cents in its third quarter on revenue of about $12.5 billion, and expected shipments of PCs, servers, storage gear and other products to rise 21 percent.

“We haven’t seen any reason to change that number and so from our standpoint that’s kind of still holding on,” Dell chief executive Kevin Rollins told a media briefing.

He said corporate spending patterns had not been affected in recent months by higher oil prices.

Dell shares closed at $35.08 in New York.