Revenues fell 1.9% year/year to $15.37 million versus the $15.66 billion consensus.
Dell reaffirmed fiscal year 2012 operating income guidance of +17-23%. Dell sees fiscal year 2012 revenue at lower end of the range of its revenue outlook of 1-5% full fiscal-year growth; consensus calls for 1.6% growth.
"Given the uncertain macroeconomic environment and complexity in working through the industry-wide hard drive issue, the company is trending to the lower end of the range of its revenue outlook of 1 to 5-percent full fiscal-year growth"






