Dell's Next Tablet Computer Gets Bigger ScreenBy Reuters | Posted 2010-09-23 Email Print
At Oracle OpenWorld Dell CEO Michael Dell flashed a new Android-based seven-inch tablet computer -- a follow up to the Dell Streak -- and said the company is on track for a $60 billion revenue year.
(Reuters) - Dell Inc Chief Executive Michael Dell showed off a new seven-inch tablet and said the computer maker is on track to bring in more than $60 billion in revenue this year.
Dell appeared on stage at the Oracle OpenWorld conference in San Francisco on Wednesday with the new tablet, which appeared to run on Google's Android software. But he declined to provide any details about the device.
The company released the Streak, a five-inch tablet, last month. Dell said the Streak, which is currently only available through the company's online store, will be available at Best Buy stores next month.
Dell also said the company's revenue has grown about 20 percent over the past two quarters, and "it looks like we'll probably do that again this quarter as well."
Analysts expect Dell to report revenue of $15.8 billion in its fiscal third quarter, which ends in October, according to Thomson Reuters I/B/E/S. That would be 22 percent higher than a year ago.
Wall Street expects Dell to post revenue of $62.4 billion for the current fiscal year, which ends in January.