Dell CEO says double annual revenue is possible

By Derek Sooman on April 6, 2006, 6:04 PM
The CEO of Dell believes that the company can double annual revenue to $100 billion, thanks to expansion into Asia and Europe. The company also hopes to expand due to new businesses such as in data storage and services, and hopes to sell more notebook computers. The company had revenue of $55.9 billion last year, but did not grow as much as some expected, due to cutting prices on entry-level, consumer models.

"It becomes very logical to say $80 billion, $90 billion, $100 billion," based on current growth trends, Chief Executive Kevin Rollins told Reuters in an interview at Dell's Round Rock, Texas, headquarters.

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