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Last Updated: Thursday, 17 August 2006, 23:52 GMT 00:52 UK
Dell performance 'disappointing'
Dell laptop
Dell has had a tough time lately
Dell's chief executive has said he is "disappointed" with its performance after the world's largest PC maker saw quarterly profits fall 51%.

Second quarter profits slipped to $502m (�266m) from $1.02bn for the same period last year while a 5% sales rise to $14.1bn was below expectations.

Dell said it was taking steps to improve its business and had agreed a tie-up with chip manufacturer AMD.

It pledged to cut costs, improve prices and invest in technical support.

"While we are disappointed with the results for the quarter, we are taking the necessary actions to correct missteps and improve our results for the long term," said chief executive Kevin Rollins.

Dell released its results after the close of trading on Thursday, in which its shares traded flat at $22.80.

Dell was only recently forced to recall more than four million computer batteries because of fire risk, causing it adverse publicity.


SEE ALSO
Dell issues fresh profits warning
21 Jul 06 |  Business
Dell recalls 4m laptop batteries
15 Aug 06 |  Business
Dell sued over 'false' ads claims
11 Aug 06 |  Business

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