By John Oates, 19 August 1998 15:00
NEWS Dell has beaten expectations with its quarterly results for the period ending 2 August. Turnover grew 54 per cent to $4.33bn and profits were up to £346m from $214 m for the same period last year. The company has announced a two for one stock split - its sixth in six years. Dell is also storming up the US market share charts with research from IDC putting it a mere 0.1 per cent behind Compaq. Dell even managed to increase sales in Asia by 34 per cent, despite the market as a whole contracting by nine per cent.
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