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Dell (DELL) just reported surprisingly good earnings of 32 cents a share.

Dell, like competitors Hewlett-Packard and Apple, profited from lower costs for computer components amid a supply glut. But profit was reduced by payments to its former CEO and 400 employees for stock options that could not be exercised during the company's internal audit, which found that executives adjusted accounts to meet financial targets.

The big problem is that these aren't official results. Dell hasn't filed with the SEC for over a year. Here are the numbers, but bear in mind that they'll be changed.

Quarter.....Sales....Oper. Income.....EPS
1-97.........$2,588.........$198...........$0.0675
2-97.........$2,814.........$296...........$0.0725
3-97.........$3,188.........$346...........$0.085
4-97.........$3,737.........$397...........$0.10
1-98.........$3,920.........$429...........$0.11
2-98.........$4,331.........$483...........$0.12
3-98.........$4,818.........$539...........$0.14
4-98.........$5,173.........$595...........$0.15
1-99.........$5,537.........$600...........$0.16
2-99.........$6,142.........$694...........$0.19
3-99.........$6,784.........$650...........$0.18
4-99.........$6,801.........$513...........$0.16
1-00.........$7,280.........$625...........$0.19
2-00.........$7,670.........$736...........$0.22
3-00.........$8,264.........$818...........$0.25
4-00.........$8,674.........$589...........$0.18
1-01.........$8,028.........$588...........$0.17
2-01.........$7,611.........$545...........$0.16
3-01.........$7,468.........$544...........$0.16
4-01.........$8,061.........$594...........$0.17
1-02.........$8,066.........$590...........$0.17
2-02.........$8,459.........$677...........$0.19
3-02.........$9,144.........$758...........$0.21
4-02.........$9,735.........$809...........$0.23
1-03.........$9,532.........$811...........$0.23
2-03.........$9,778.........$840...........$0.24
3-03.........$10,622.......$912...........$0.26
4-03.........$11,512.......$981...........$0.29
1-04.........$11,540.......$966...........$0.28
2-04.........$11,706.......$1,006........$0.31
3-04.........$12,502.......$1,089........$0.33
4-04.........$13,457.......$1,187........$0.37
1-05.........$13,386.......$1,174........$0.37
2-05.........$13,428.......$1,173........$0.38
3-05.........$13,911.......$944...........$0.39
4-05.........$15,183.......$1,246........$0.43
1-06.........$14,216.......$949...........$0.33
2-06.........$14,094.......$605...........$0.22
3-06.........$14,383.......$824...........$0.30
4-06.........$14,402.......$801...........$0.30
1-07.........$14,622.......$947...........$0.34
2-07.........$14,771.......$896...........$0.32

Posted by edelfenbein at August 30, 2007 4:36 PM