Dell Results Up, But Margins Down

Round Rock-based Dell released its first quarter results Thursday afternoon, saying that it had first quarter revenues of $14.9 billion, up 21 percent from a year ago. However, the firm reported a drop in its gross margins to 16.9 percent of revenue. Dell said that it saw most of its growth from sales of servers, storage, and services to enterprise customers, particularly in India, Brazil, and China.