Dell's First Quarter Revenues and AMD Opteron News
In their latest press release, Dell talks about their fiscal Q1-2007 revenues, but also drops in some news of their future plans with AMD. According to Dell, their ninth generation servers will use Intel's Woodcrest CPU, and will introduce AMD Opteron CPUs in their multi-processor servers by the end of the year.
"Dell had operating income of $949 million, or 6.7 percent of revenue, in the quarter, which reflected investments in customer experience as well as pricing decisions the company believes will drive future growth. Cash flow from operations was $1.0 billion for the quarter and Dell ended the quarter with $11.1 billion in cash and investments. During the quarter, Dell spent $1.7 billion to repurchase 58 million shares of common stock."
