Dell has fallen victim to the economic downturn, with earnings at their worst in seven years, net income having fallen 48% for the fourth quarter, ended 30 January.
Income fell to $351-million from $679-million in the previous year, while revenue was down 16%, to $13,4-billion from $16-billion.
However, earnings were slightly better than expected, thanks to a $3-billion cost-cutting programme that the company has undertaken.
The cost-cutting measures have included laying off staff and closing manufacturing plants.
Dell is hoping to cut another $1-billion over the next two years.