Strong Earnings Boost Dell Shares

Good news for Dell, strong notebook sales and growth in Asia helped the company beat Wall Street expectations. Although the U.S. market has been weak, revenue from Asia was up almost twenty percent with European markets not far behind, giving Dell the shot in the arm it needed.

Revenue rose 19 percent in Asia and 15 percent in Europe, the Middle East and Africa, helping Dell overcome a weak U.S. market where businesses were cutting back on technology spending. "Dell did relatively well, but it was against low expectations," said Shaw Wu, an analyst with American Technology Research who rates the shares "neutral."

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