Dell Inc

Dell Inc's quarterly profit plunged 54% on lower than - expected revenue as its sales to large business suffered. Dell reported a net profit of $ 337 million or 17 cents a share, for its fiscal third quarter ended October 30, down from $ 727 million, or 37 cents a share, in a year ago period. revenue fell 15% to $ 12.9 billion. Dell said gross margin was 17.3% in the third quarter, down from 18.7% in the second quarter and 18.8% in the year ago period. sales in Dell large enterprise business fell 23% in the quarter, the most of any units.