Friday, November 21, 2008

Dell Executive:China,India Growth Not Enough To Offset Weak US Market
Dow Jones

TAIPEI -(Dow Jones)- Dell Inc. (DELL) Asia-Pacific and Japan President Steve Felice said Friday growth in China and India is insufficient to offset the weak U.S. market.

"Our growth in China and India did allow overall Asia to grow...but it's still not enough to offset what's going on in the U.S.," Felice said in a conference call with reporters.

Dell, the world's second largest computer vendor by revenue after Hewlett- Packard Co., posted a 5% drop in net income and a 3% decline in revenue for its fiscal third quarter.