by Locker Room contributor
I was surprised that nothing had been posted about Dell’s business news today.
Dell, the personal computer juggernaut, indicated that revenue for early 2005 could fall short of analysts’ predictions, and its shares fell 4.6 percent.
Interestingly enough part of their problem was related to taxes:
The results included a charge of 11 cents per share because Dell expects to pay 5.25 percent U.S. taxes on $4.1 billion earned overseas. Dell plans to bring the profits home under a law passed by Congress last year.
Funny, they didn’t mention the NC deal anywhere. Maybe the state should have helped Dell out a little more to influence the stock in a positive manner. Oh, but that wouldn’t technically be about jobs now would it?