Dell 2Q profit drops 17 percent and stock plunges

By JESSICA MINTZ , AP Technology Writer, Technology / Business

Boxes containing Dell computers are stacked on an upper shelf of a Best Buy store in Seekonk, Mass., Aug. 16, 2008. Computer maker Dell Inc. says its fiscal second-quarter profit fell 17 percent Thursday, Aug. 28, 2008. Restructuring charges were partly to blame. (AP Photo/Stew Milne)

Click here to enlarge image

(AP) -- Computer maker Dell Inc. said Thursday its fiscal second-quarter profit fell 17 percent, hurt in part by PC price cuts. Both earnings and margins fell short of Wall Street estimates, and Dell shares plunged.

Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .

ť Next Article in Technology - Business: Even critics give Apple a pass on iPhone 3G woes

would you recommend this story?