Dell last night posted quarterly revenue slightly below expectations and said sales for the present quarter would be flat, sending its shares down 4.9 per cent in after-hours trading.

The company said it was revising its full-year revenue growth outlook to 1 to 5 per cent from its previous 5 to 9 per cent. Dell recorded sales of $15.7 billion (€10.9 billion) in its fiscal second quarter. Analysts had on average predicted revenue of $15.76 billion. – (Reuters)