Dell 2003 Annual Report Download - page 56
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Table of Contents
Fiscal Year 2003
4th 3rd 2nd 1st
Quarter Quarter Quarter Quarter
(in millions, except per share data)
Net revenue $ 9,735 $ 9,144 $ 8,459 $ 8,066
Gross margin $ 1,781 $ 1,662 $ 1,515 $ 1,391
Net income $ 603 $ 561 $ 501 $ 457
Earnings per common share(a):
Basic $ 0.23 $ 0.22 $ 0.19 $ 0.18
Diluted $ 0.23 $ 0.21 $ 0.19 $ 0.17
Weighted average shares outstanding:
Basic 2,576 2,582 2,586 2,595
Diluted 2,621 2,634 2,649 2,672
Stock sales prices per share:
High $ 30.94 $ 29.06 $ 27.95 $ 28.91
Low $ 23.86 $ 23.11 $ 22.33 $ 23.76
(a) Earnings per common share are computed independently for each of the quarters presented. Therefore, the sum of the quarterly per common share information may not equal the annual
earnings per common share. 53