June 2007 -- Dell reported revenue of $14.4 billion, with operations income of $801 million for the fourth quarter of fiscal year 2007. This compares with $15.2 billion revenue from fourth quarter 2006.
"We are disappointed with the company's results, but what matters is our future plan of action. We are systematically moving to increase efficiencies, improve execution and transform the company," said CEO Michael Dell in the earnings report on March 1, 2007.
To do that the company said it is moving quickly to strengthen its management team, unify business units, and eliminate redundancies, while redeploying resources to drive greater value for customers. The company also said it is moving to shorten product development cycles, make decisions closer to the customer, and develop new approaches to manufacturing and distribution to better reach and serve customers in fast-growing and emerging markets.
This quarter did mark an historical achievement as international unit shipments exceeded U.S. shipments for the first time. This drove the mix of revenue from outside the U.S. to a record 46% of Dell's revenues.
