Dell reaffirms outlook, trumpets success

C|Net | at | by Mike

Dell Computer reaffirmed its previous earnings outlook for the second quarter Thursday, ahead of its annual meeting with shareholders.

Dell expects to see sales at around $7.6 billion, with earnings of about 16 cents per share, excluding a previously announced charge. The company now expects that charge, which is related to job cuts, consolidations and writing down certain assets, to be around $700 million.