Record Fiscal Year for Dell’s Financial Results

Dell Revenue Sets a Record - image Courtesy of Dell Inc.

With a revenue increase of $8.6 billion in fiscal year 2011, Dell had their largest single-year increase in revenue in the company’s history. According to the financial statements published by the company, the record revenues also led to record earnings per share for investors.

“I’m very pleased with our fiscal year results and the strong performance we’re seeing in our commercial businesses. We remain focused on developing and acquiring new technologies and capabilities, and our IT solutions portfolio has never been stronger. Customers are now seeing Dell in a fresh light, and we’re heading into the new year with strength and optimism,” said Michael Dell, chairman and chief executive officer of Dell in a statement from the company.

Revenue was up across all business units of the computer giant. Large Enterprise revenue of $4.7B was a 12 percent gain from the previous year. Small and medium business revenue numbers hit a 2 year high on a 12 percent gain to $3.7 billion. The Consumer market was $3.3 billion, up 11 percent, Public revenue gained 4 percent to $4 billion, and the Asia Pacific revenue had the greatest percentage gain of17 percent.

According to the company, the outlook for fiscal-year 2012 is a 5-9 percent growth in revenue and a 6-12 percent rise in operating income.