Updated May. 23, 2012 at 7:44 a.m.

Premium Lock Dell cuts revenue forecast; shares tumble

Published: 2012-05-23 06:22:00
Updated: 2012-05-23 07:44:10

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Dell's revenue for the period ending in July will be $14.7 billion to $15 billion, compared with the average $15.4 billion analyst estimate. The forecast, paired with a first-quarter sales and earnings miss, pointed to problems endemic to Dell, Steve Felice, Dell's president, said.

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