Wednesday, February 27, 2013

Police and firefighters at higher risk for mental disorders following traumatic events

Feb. 26, 2013 ? Police, firefighters and other protective services workers who are repeatedly exposed to traumatic events and are new to their profession are at greater risk of developing a psychiatric disorder, according to a new study led by researchers at the Johns Hopkins Bloomberg School of Public Health. The researchers also found that protective services workers do not appear to have a higher prevalence of mental health problems than workers in other occupations.

The study results are featured in the February 2013 issue of Disaster Medicine and Public Health Preparedness.

"Our findings suggest that exposure to diverse types of traumatic events among protective services workers is a risk factor for new onset of psychopathology and alcohol use disorders," said Christopher N. Kaufmann, MHS, lead author of the study and a doctoral student in the Bloomberg School's Department of Mental Health. "When we examined the relationship of exposure to common traumas with the development of mood, anxiety and alcohol use disorders among protective services workers, we found that these workers were at greater risk for developing a mood or alcohol use disorder. Interestingly, this relationship was not seen in those who had been in these jobs for a longer period, but was strong and statistically significant in workers who recently joined the profession. Developing curricula in coping skills and providing timely interventions for early career protective services workers may help reduce future psychiatric morbidity in these workers."

Using data from the U.S National Epidemiologic Survey on Alcohol and Related Conditions researchers compared the prevalence of mental disorders of protective services workers to that of adults in other occupations. In addition, they examined the association of exposure to common traumatic experiences with the development of new mood, anxiety and alcohol use disorders among protective services workers who recently joined the workforce and those who had been in these jobs for a longer period. Lifetime and recent trauma events most commonly reported by protective services workers included: seeing someone badly injured or killed; unexpectedly seeing a dead body; having someone close die unexpectedly and having someone close experience a serious or life-threatening illness, accident or injury.

"The association between the number of different traumatic event types and incident mood and alcohol-use disorders, as well as post-traumatic stress disorder, was virtually confined to the group of early career protective services workers," said Ramin Mojtabai, MD, PhD, MPH, senior author of the study and an associate professor with the Bloomberg School's Department of Mental Health. "Future research should examine the coping skills of protective services workers who have been in these jobs for many years, which might make them less likely to develop psychiatric complications in the face of various potentially traumatic experiences."

The authors note, "Special support programs and services for these early career workers can potentially help to prevent development of chronic psychopathology and attrition from these critical jobs."

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Story Source:

The above story is reprinted from materials provided by Johns Hopkins University Bloomberg School of Public Health, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. C. N. Kaufmann, L. Rutkow, A. P. Spira, R. Mojtabai. Mental Health of Protective Services Workers: Results From the National Epidemiologic Survey on Alcohol and Related Conditions. Disaster Medicine and Public Health Preparedness, 2012; DOI: 10.1001/dmp.2012.55

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/WSK0dd0C2xI/130226141256.htm

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The Coen Brothers Get Unbroken

Posted 9:19 PM February 25th, 2013 by Binh Ngo



Considering the kinds of movies Angelina Jolie is known for, the war drama In the Land of Blood and Honey is not something one would expect her to choose to make her directorial debut, but that's exactly what she has done. With a global box office of only $303,877, we can see that not many people went to watch the movie in theaters.

While In the Land of Blood and Honey didn't have any impact in terms of box office performance, the movie has impressed Universal enough that Jolie is entrusted with Unbroken, an adaptation of Laura Hillenbrand's biography about Louis Zamperini who was captured and imprisoned by the Japanese army during WWII. Jolie replaced Francis Lawrence, who left to direct The Hunger Games: Catching Fire.

It looks like she'll be given a considerably larger budget to work with this time considering the studio and who got hired to write the screenplay: The Coen Brothers!

That right, according to The Hollywood Reporter, Joel and Ethan Coen have been brought on board to adapt Hillenbrand 2010 book. The Coens took home the Best Screenplay Oscar for Fargo and No Country for Old Men so they're kind of decent at these kind of things. No word if they'll be rewriting William Nicholson and Richard LaGravenese's draft or starting over with a new one.

The Coens' new drama Inside Llewyn Davis is going to be released by CBS Films sometime this year. The movie focuses on a New York folk singer named Llewyn Davis during the '60s.

Source: http://www.rottentomatoes.com/m/1926917/news/1926917/

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TuneIn Radio updated with new Google+ sign-in feature

Android Central

Google only just today announced their Google+ sign-in features that are opening up to app developers, but TuneIn Radio is one of the first out of the gate to implement it. Much as they were involved early on with Jelly Bean expandable notifications, the extremely popular radio streaming app is in on the ground floor with Google's latest features. 

To the user, it's exactly the same process as signing in via Twitter or Facebook, without the necessity of course to enter any login details. You choose which of your Google accounts you wish to sign-in with, and that's it. You're also presented with a check box allowing you to restrict who has access to content you share on Google+ -- although sharing something only you can see does seem a little, well, pointless. 

Google+ sign in isn't the only new feature in this update either. TuneIn Radio will now integrate with your calendar, so if you don't want to forget about that big soccer football game coming up, tapping the 'add to calendar' button will produce a handy reminder when the program is about to begin. Additionally, Chevrolet drivers with the MyLink functionality can now access TuneIn Radio directly from the car. Download the free version of TuneIn Radio can be found at the Play Store link above.



Source: http://feedproxy.google.com/~r/androidcentral/~3/MvfGUUGJuhA/story01.htm

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Leatherback sea turtle could be extinct within 20 years at last stronghold in the Pacific Ocean

Feb. 26, 2013 ? An international team led by the University of Alabama at Birmingham (UAB) has documented a 78 percent decline in the number of nests of the critically endangered leatherback sea turtle (Dermochelys coriacea) at the turtle's last stronghold in the Pacific Ocean.

The study, published online Feb. 26 in the Ecological Society of America's scientific online journal Ecosphere, reveals leatherback nests at Jamursba Medi Beach in Papua Barat, Indonesia -- which accounts for 75 percent of the total leatherback nesting in the western Pacific -- have fallen from a peak of 14,455 in 1984 to a low of 1,532 in 2011. Less than 500 leatherbacks now nest at this site annually.

Thane Wibbels, Ph.D., a professor of reproductive biology at UAB and member of a research team that includes scientists from State University of Papua (UNIPA), the National Oceanic and Atmospheric Administration (NOAA), National Marine Fisheries Service and the World Wildlife Fund (WWF) Indonesia, says the largest marine turtle in the world could soon vanish.

"If the decline continues, within 20 years it will be difficult if not impossible for the leatherback to avoid extinction," said Wibbels, who has studied marine turtles since 1980. "That means the number of turtles would be so low that the species could not make a comeback.

"The leatherback is one of the most intriguing animals in nature, and we are watching it head towards extinction in front of our eyes," added Wibbels.

Leatherback turtles can grow to six feet long and weigh as much as 2,000 pounds. They are able to dive to depths of nearly 4,000 feet and can make trans-Pacific migrations from Indonesia to the U.S. Pacific coast and back again.

While it is hard to imagine that a turtle so large and so durable can be on the verge of extinction, Ricardo Tapilatu, the research team's lead scientist who is a Ph.D. student and Fulbright Scholar in the UAB Department of Biology, points to the leatherback's trans-Pacific migration, where they face the prevalent danger of being caught and killed in fisheries.

"They can migrate more than 7,000 miles and travel through the territory of at least 20 countries, so this is a complex international problem," Tapilatu said. "It is extremely difficult to comprehensively enforce fishing regulations throughout the Pacific."

The team, along with paper co-author Peter Dutton, Ph.D., discovered thousands of nests laid during the boreal winter just a few kilometers away from the known nesting sites, but their excitement was short-lived.

"We were optimistic for this population when year round nesting was discovered in Wermon Beach, but we now have found out that nesting on that beach appears to be declining at a similar rate as Jamursba Medi," said Dutton, head of the NOAA Southwest Fisheries Science Center's Marine Turtle Genetics Program.

The study has used year-round surveys of leatherback turtle nesting areas since 2005, and it is the most extensive research on the species to date. The team identified four major problems facing leatherback turtles: nesting beach predators, such as pigs and dogs that were introduced to the island and eat the turtle eggs; rising sand temperatures that can kill the eggs or prevent the production of male hatchlings; the danger of being caught by fisheries during migrations; and harvesting of adults and eggs for food by islanders.

Tapilatu, a native of western Papua, Indonesia, has studied leatherback turtles and worked on their conservation since 2004. His efforts have been recognized by NOAA, and he will head the leatherback conservation program in Indonesia once he earns his doctorate from UAB and returns to Papua.

He has worked to educate locals and limit the harvesting of adults and eggs. His primary focus today is protecting the nesting females, eggs and hatchlings. A leatherback lays up to 10 nests each season, more than any other turtle species. Tapilatu is designing ways to optimize egg survival and hatchling production by limiting their exposure to predators and heat through an extensive beach management program.

"If we relocate the nests from the warmest portion of the beach to our egg hatcheries, and build shades for nests in other warm areas, then we will increase hatching success to 80 percent or more," said Tapilatu.

"The international effort has attempted to develop a science-based nesting beach management plan by evaluating and addressing the factors that affect hatching success such as high sand temperatures, erosion, feral pig predation and relocating nests to maximize hatchling output," said Manjula Tiwari, a researcher at NOAA's Southwest Fisheries Science Center in La Jolla, Calif.

Wibbels, who is also the Ph.D. advisor for Tapilatu, says that optimizing hatchling production is a key component to leatherback survival, especially considering the limited number of hatchlings who survive to adulthood.

"Only one hatchling out of 1,000 makes it to adulthood, so taking out an adult makes a significant difference on the population," Wibbels said. "It is essentially the same as killing 1,000 hatchlings."

The research team believes that beach management will help to decrease the annual decline in the number of leatherback nests, but protection of the leatherbacks in waters throughout the Pacific is a prerequisite for their survival and recovery. Despite their prediction for leatherback extinction, the scientists are hopeful this species could begin rebounding over the next 20 years if effective management strategies are implemented.

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Story Source:

The above story is reprinted from materials provided by University of Alabama at Birmingham. The original article was written by Kevin Storr.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Ricardo F. Tapilatu, Peter H. Dutton, Manjula Tiwari, Thane Wibbels, Hadi V. Ferdinandus, William G. Iwanggin, Barakhiel H. Nugroho. Long-term decline of the western Pacific leatherback,Dermochelys coriacea: a globally important sea turtle population. Ecosphere, 2013; 4 (2): art25 DOI: 10.1890/ES12-00348.1

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/-2zDZ55IC1Y/130226141233.htm

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Tuesday, February 26, 2013

A Magnetized Bull Nose Keyring Keeps Your Wandering Keys Captive

You might feel like you're always losing your keys. This bull has a magnet in its nose to hold onto them for you. More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/QYpGuVI2v-M/a-magnetized-bull-nose-keyring-keeps-your-wandering-keys-captive

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This new dinosaur had chicken-size young

Junchang Lu

A fossil of the newly found Yulong mini dinosaur, "Yulong looks like chicken with a tail," lead author Junchang Lu said.

By Jennifer Viegas
Discovery

A newly discovered dinosaur, Yulong mini, was appropriately named, as the remains of its chicken-sized offspring are now among the smallest dinosaurs ever found, according to a new study.

The tiny baby dinosaurs, described in the journal Naturwissenschaften, were oviraptorids, a.k.a. "egg thieves." These non-flying dinosaurs resembled modern birds, except adults of some species could grow to over 26 feet long.

"Yulong looks like chicken with a tail," lead author Junchang L? told Discovery News. "Its behavior was similar to living birds too. Based on the primitive oviraptors such as Caudipteryx, Yulong should be feathered, although we could not find feathers due to the poor preservation condition."

L?, of the Chinese Academy of Geological Sciences, and his colleagues analyzed the dinosaur remains, which were unearthed at Henan Province in central China. In addition to L?, the team included researchers from the Henan Geological Museum as well as Philip Currie from the University of Alberta.

While adult dinosaurs were found in the general region of the excavation, they were not directly with the babies, suggesting that members of this species did not require parental care when young.

It has been widely accepted that oviraptors were carnivores. One earlier specimen, for example, was found with the preserved remains of a lizard in its stomach. The new study, however, challenges that theory.

In terms of the new oviraptor fossils, "based on their hind limb proportions, the pattern is more commonly seen in herbivores than in carnivores, thus indicating that they were herbivores," L? said.

He did, however, add that the jaw structure of this dinosaur could have handled a few meaty edibles.

"It provided strong bite force when (the dinosaur) ate hard foods such as nuts, mollusks and even eggs," he explained.

Currie, though, described Yulong mini as having a "sedentary lifestyle that did not involve the pursuit of similar-sized prey."

The dinosaur might then have rather passively poked around for food, similar to how some birds today forage.

Yulong mini itself was good eats.

Just as many humans today love chicken, it seems that other dinosaurs enjoyed chowing down on Yulong. Remains of several large carnivorous dinosaurs, including T. rex, were found in the area and likely preyed on the more sedentary dinosaurs, the researchers believe.

While Yulong mini and other oviraptorid dinosaurs resembled chickens and other modern birds and appear to have behaved somewhat like them, they were definitely non-avian dinosaurs and not birds.

"They could not have been the ancestors to modern birds," L? explained. "They (exemplify) convergent evolution and went extinct at the end of the Cretaceous."

That was around 65 million years ago, when the world's non-avian dinosaurs all went extinct.

Source: http://science.nbcnews.com/_news/2013/02/25/17089181-this-new-dinosaur-had-chicken-size-young?lite

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Scientists develop a whole new way of harvesting energy from the sun

Feb. 24, 2013 ? A new method of harvesting the Sun's energy is emerging, thanks to scientists at UC Santa Barbara's Departments of Chemistry, Chemical Engineering, and Materials. Though still in its infancy, the research promises to convert sunlight into energy using a process based on metals that are more robust than many of the semiconductors used in conventional methods.

The researchers' findings are published in the latest issue of the journal Nature Nanotechnology.

"It is the first radically new and potentially workable alternative to semiconductor-based solar conversion devices to be developed in the past 70 years or so," said Martin Moskovits, professor of chemistry at UCSB.

In conventional photoprocesses, a technology developed and used over the last century, sunlight hits the surface of semiconductor material, one side of which is electron-rich, while the other side is not. The photon, or light particle, excites the electrons, causing them to leave their postions, and create positively-charged "holes." The result is a current of charged particles that can be captured and delivered for various uses, including powering lightbulbs, charging batteries, or facilitating chemical reactions.

"For example, the electrons might cause hydrogen ions in water to be converted into hydrogen, a fuel, while the holes produce oxygen," said Moskovits.

In the technology developed by Moskovits and his team, it is not semiconductor materials that provide the electrons and venue for the conversion of solar energy, but nanostructured metals -- a "forest" of gold nanorods, to be specific.

For this experiment, gold nanorods were capped with a layer of crystalline titanium dioxide decorated with platinum nanoparticles, and set in water. A cobalt-based oxidation catalyst was deposited on the lower portion of the array.

"When nanostructures, such as nanorods, of certain metals are exposed to visible light, the conduction electrons of the metal can be caused to oscillate collectively, absorbing a great deal of the light," said Moskovits. "This excitation is called a surface plasmon."

As the "hot" electrons in these plasmonic waves are excited by light particles, some travel up the nanorod, through a filter layer of crystalline titanium dioxide, and are captured by platinum particles. This causes the reaction that splits hydrogen ions from the bond that forms water. Meanwhile, the holes left behind by the excited electrons head toward the cobalt-based catalyst on the lower part of the rod to form oxygen.

According to the study, hydrogen production was clearly observable after about two hours. Additionally, the nanorods were not subject to the photocorrosion that often causes traditional semiconductor material to fail in minutes.

"The device operated with no hint of failure for many weeks," Moskovits said.

The plasmonic method of splitting water is currently less efficient and more costly than conventional photoprocesses, but if the last century of photovoltaic technology has shown anything, it is that continued research will improve on the cost and efficiency of this new method -- and likely in far less time than it took for the semiconductor-based technology, said Moskovits.

"Despite the recentness of the discovery, we have already attained 'respectable' efficiencies. More importantly, we can imagine achievable strategies for improving the efficiencies radically," he said.

Research in this study was also performed by postdoctoral researchers Syed Mubeen and Joun Lee; grad student Nirala Singh; materials engineer Stephan Kraemer; and chemistry professor Galen Stucky.

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Story Source:

The above story is reprinted from materials provided by University of California - Santa Barbara, via EurekAlert!, a service of AAAS.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Syed Mubeen, Joun Lee, Nirala Singh, Stephan Kr?mer, Galen D. Stucky, Martin Moskovits. An autonomous photosynthetic device in which all charge carriers derive from surface plasmons. Nature Nanotechnology, 2013; DOI: 10.1038/nnano.2013.18

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/matter_energy/physics/~3/aTqnvmAaFnw/130224142917.htm

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City proposes bike parking alternatives (Offthekuff)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS Feeds and Widgets via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/287217452?client_source=feed&format=rss

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Ultrasound reveals autism risk at birth

Ultrasound reveals autism risk at birth [ Back to EurekAlert! ] Public release date: 25-Feb-2013
[ | E-mail | Share Share ]

Contact: Andy McGlashen
andy.mcglashen@cabs.msu.edu
517-355-5158
Michigan State University

Low-birth-weight babies with a particular brain abnormality are at greater risk for autism, according to a new study that could provide doctors a signpost for early detection of the still poorly understood disorder.

Led by Michigan State University, the study found that low-birth-weight newborns were seven times more likely to be diagnosed with autism later in life if an ultrasound taken just after birth showed they had enlarged ventricles, cavities in the brain that store spinal fluid. The results appear in the Journal of Pediatrics.

"For many years there's been a lot of controversy about whether vaccinations or environmental factors influence the development of autism, and there's always the question of at what age a child begins to develop the disorder," said lead author Tammy Movsas, clinical assistant professor of pediatrics at MSU and medical director of the Midland County Department of Public Health.

"What this study shows us is that an ultrasound scan within the first few days of life may already be able to detect brain abnormalities that indicate a higher risk of developing autism."

Movsas and colleagues reached that conclusion by analyzing data from a cohort of 1,105 low-birth-weight infants born in the mid-1980s. The babies had cranial ultrasounds just after birth so the researchers could look for relationships between brain abnormalities in infancy and health disorders that showed up later. Participants also were screened for autism when they were 16 years old, and a subset of them had a more rigorous test at 21, which turned up 14 positive diagnoses.

Ventricular enlargement is found more often in premature babies and may indicate loss of a type of brain tissue called white matter.

"This study suggests further research is needed to better understand what it is about loss of white matter that interferes with the neurological processes that determine autism," said co-author Nigel Paneth, an MSU epidemiologist who helped organize the cohort. "This is an important clue to the underlying brain issues in autism."

Prior studies have shown an increased rate of autism in low-birth-weight and premature babies, and earlier research by Movsas and Paneth found a modest increase in symptoms among autistic children born early or late.

###

The study was supported by a grant from the National Institutes of Health.

Michigan State University has been working to advance the common good in uncommon ways for more than 150 years. One of the top research universities in the world, MSU focuses its vast resources on creating solutions to some of the world's most pressing challenges, while providing life-changing opportunities to a diverse and inclusive academic community through more than 200 programs of study in 17 degree-granting colleges.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Ultrasound reveals autism risk at birth [ Back to EurekAlert! ] Public release date: 25-Feb-2013
[ | E-mail | Share Share ]

Contact: Andy McGlashen
andy.mcglashen@cabs.msu.edu
517-355-5158
Michigan State University

Low-birth-weight babies with a particular brain abnormality are at greater risk for autism, according to a new study that could provide doctors a signpost for early detection of the still poorly understood disorder.

Led by Michigan State University, the study found that low-birth-weight newborns were seven times more likely to be diagnosed with autism later in life if an ultrasound taken just after birth showed they had enlarged ventricles, cavities in the brain that store spinal fluid. The results appear in the Journal of Pediatrics.

"For many years there's been a lot of controversy about whether vaccinations or environmental factors influence the development of autism, and there's always the question of at what age a child begins to develop the disorder," said lead author Tammy Movsas, clinical assistant professor of pediatrics at MSU and medical director of the Midland County Department of Public Health.

"What this study shows us is that an ultrasound scan within the first few days of life may already be able to detect brain abnormalities that indicate a higher risk of developing autism."

Movsas and colleagues reached that conclusion by analyzing data from a cohort of 1,105 low-birth-weight infants born in the mid-1980s. The babies had cranial ultrasounds just after birth so the researchers could look for relationships between brain abnormalities in infancy and health disorders that showed up later. Participants also were screened for autism when they were 16 years old, and a subset of them had a more rigorous test at 21, which turned up 14 positive diagnoses.

Ventricular enlargement is found more often in premature babies and may indicate loss of a type of brain tissue called white matter.

"This study suggests further research is needed to better understand what it is about loss of white matter that interferes with the neurological processes that determine autism," said co-author Nigel Paneth, an MSU epidemiologist who helped organize the cohort. "This is an important clue to the underlying brain issues in autism."

Prior studies have shown an increased rate of autism in low-birth-weight and premature babies, and earlier research by Movsas and Paneth found a modest increase in symptoms among autistic children born early or late.

###

The study was supported by a grant from the National Institutes of Health.

Michigan State University has been working to advance the common good in uncommon ways for more than 150 years. One of the top research universities in the world, MSU focuses its vast resources on creating solutions to some of the world's most pressing challenges, while providing life-changing opportunities to a diverse and inclusive academic community through more than 200 programs of study in 17 degree-granting colleges.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2013-02/msu-ura022513.php

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SND34 Best of Digital Design: Eight single-story projects earn medals

&nbsp

February 24th, 2013

Over 100 entries were submitted in the single-story project category, and judges have awarded a total of eight medals. The New York Times led the category with six silver medal winners and one gold medal winner. NPR also won a silver medal.

(Click any of the links below to view the winning entries)

The New York Times:

Build a Pop Song
Signing Science
Lolo Jones, Cleared for Takeoff
The iPhone Economy
The Electoral Map: Presidential Race Ratings and Swing States
512 Paths to the White House
Snow Fall: The Avalanche at Tunnel Creek??(This is the second gold medal for ?Snow Fall.?)

National Public Radio:

Lost And Found: Discover A Black-And-White Era In Full Color

(Kyle Ellis?is a designer for CNN Digital in Atlanta and digital director for the Society for News Design.)

Source: http://www.snd.org/2013/02/snd34-best-of-digital-design-eight-single-story-projects-earn-medals/

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Winterfest a Time to Skate, Sculpt | BU Today | Boston University

In the slideshow above, view photos from Winterfest 2013.

Alums Marissa and Jesse Keppley were ardent BU hockey fans as undergraduates, attending all Terrier home games?even naming their son Colin Parker, after longtime men?s hockey head coach Jack Parker (SMG?68, Hon.?97).

But the Florida natives have never had much ice time themselves. That changed at Winterfest, held this past weekend on the Charles River Campus. On Saturday, Marissa (CAS?09), Jesse (CAS?08, GRS?12), and three-year-old Colin laced up for a turn around the outdoor ice rink set up on Marsh Plaza. ?We were excited about skating,? Marissa Keppley said. ?Marsh is my favorite place on campus. I used to study behind it when the weather was nice.?

Sponsored by the BU Alumni Association, Winterfest was scheduled for February 8 to 10, but was postponed in anticipation of the blizzard that dumped two feet on the region and closed the University. All but one of the activities were rescheduled for this weekend, which drew approximately 800 alumni and other guests to campus. The exception, a cooking demonstration, will take place on Saturday, March 16.

BU Today, Winterfest 2013, ice skating, ice sculptures, BU Terriers, hockey, broomball, Marsh Chapel, alumni

Marissa Keppley (CAS'09) (from left), Colin Parker Keppley, and Jesse Keppley (CAS'08, GRS'12) at the ice skating on the rink set up in Marsh Plaza for Winterfest. Photo by Vernon Doucette

The outdoor skating rink was a first for Winterfest, now in its eighth year. Sandy Miller of Watertown learned to skate as a child, but she eyed the artificial ice skeptically. ?I put my insurance card in here just in case,? said Miller, patting her coat pocket, ?as a good luck charm.? Miller (GSM?77, SED?07) had been to the men?s ice hockey game on Friday night (the Terriers fell to UMass Lowell, 3-0) and attends other BU events now and then throughout the year. ?I got a good education here,? she said. ?It?s close by, and there?s fun stuff to do.?

On Saturday, Marsh Plaza was swirling with activity. As alumni and their families and guests glided?or in many cases, picked?their way across the ice, others lined up to have their photos taken in a giant inflatable snow globe (500 filed through during the day) after sipping cocoa and eating doughnuts.

Eight teams competed in the ice-sculpting competition. They started by sketching on tracing paper in a College of Arts & Science classroom. First-time participants Xuemei Zhong and her seven-year-old daughter, Danielle Gao, were collaborating on a drawing of the Earth, with a dove and a puppy (Danielle?s idea) at the top and the words ?Peace on Earth? at the bottom. ?An adventure,? said Zhong (MED?02), as she surveyed their progress.

BU Today, Winterfest 2013, ice skating, ice sculptures, BU Terriers, hockey, broomball, Marsh Chapel, alumni

Xuemei Zhong (MED'02) and her daughter, Danielle Gao, plan their ice sculpture on paper. Photo by Vernon Doucette

Outside on the plaza, the teams chiseled, chipped, and scraped large blocks of ice into a dragon, a polar bear, and R2-D2. The winners: Derrick Kwan (CAS?14) and Meera Ganesan (CAS?13), for their sculpture, ?Baby Patrick,? based on the starfish in SpongeBob SquarePants. The two hadn?t planned on participating, but they were on their way to study at Mugar when they stopped by for hot chocolate. ?We saw free stuff,? Kwan said.

Elsewhere, alums and their families tested their skills on the rock-climbing wall at the Fitness & Recreation Center?Ellen Mak (MET?99) snapped pictures of her children, Audrey 11, and Andrew, 8, as they ascended?and worked off the doughnuts at a zumba class.

BU Today, Winterfest 2013, ice skating, ice sculptures, BU Terriers, hockey, broomball, Marsh Chapel, alumni

Alumni and student broomball teams hit the ice in the second annual broomball tournament at Walter Brown Arena, with the alums picking up a win?again. Photo by Chitose Suzuki

On Friday evening, teams made up of students and alumni faced off in the second annual broomball tournament. The championship match took place after the men?s hockey game, and for the second year, an alumni team came out on top?3-0. The women?s hockey Terriers had similar success on Saturday, coming from behind to beat Connecticut 7-5 at Walter Brown Arena.

Marc DeCastro of Maynard, his wife, Wanda, and their two children made their way to Winterfest for the first time this year. Noah, 10, was interested in the arts and cultural activities, and 13-year-old Nicholas was curious about college life and ?the campus Daddy used to hang out on,? said DeCastro (SMG?90), as he watched the boys skate on Saturday. The family also had tickets to see the women?s hockey game.

The one thing DeCastro wasn?t about to do: join his sons on the ice. ?I like my ankles too much today.?

Source: http://www.bu.edu/today/2013/winterfest-a-time-to-skate-sculpt/

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Oscars 2013: Seth MacFarlane Opens With 'We Saw Your Boobs'

Oscars host performs a risqué song and dance, despite warnings from William Shatner as Captain James T. Kirk.
By Brett White


Seth MacFarlane at the 2013 Oscars
Photo: Kevin Winter/ Getty Images

Source: http://www.mtv.com/news/articles/1702510/seth-macfarlane-boobs-lyrics-oscars-2013.jhtml

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Thursday, February 21, 2013

Court backs documentary maker Burns in battle with NYC

NEW YORK (Reuters) - Filmmaker Ken Burns won a favorable ruling in a battle to keep outtakes from his 2012 documentary "The Central Park Five" from the New York City Police Department after a federal judge in Manhattan sided with his production company on Tuesday.

Last October, the city subpoenaed all images, audio tapes and other items related to the making of the documentary, which chronicles the conviction of five black and Hispanic teenage boys for the brutal 1989 rape of Trisha Meili, a white woman who was jogging in Central Park. The case was reversed in 2002, leading to a still-unresolved $250 million lawsuit that the so-called "Central Park Five" and their families brought against the city and the police department.

The city said it wanted the material because parts of the film conflicted with prior testimony some of the plaintiffs provided in their criminal trials, among other reasons, according to court papers.

Burns' production company, Florentine Films, motioned to quash the subpoena, arguing in part that they were protected under New York's shield law for journalists. The city countered that Florentine failed to qualify for the protection, in part because the filmmakers had a "longstanding sympathetic relationship with the plaintiffs."

U.S. Magistrate Judge Ronald Ellis agreed with Florentine, writing that it met its burden in demonstrating journalistic independence with the film.

"It was a marvelous decision, of great value to the media industry generally and to documentary filmmakers in particular," said John Siegal, an attorney representing Florentine.

The city said it was reviewing its options.

"This film is a one-sided advocacy piece that depicts the plaintiffs' version of events as undisputed fact. It is our view that we should be able to view the complete interviews, not just those portions that the filmmakers chose to include," Celeste Koeleveld, a senior lawyer for the city, said in a prepared statement.

The case is In re McRay, Richardson, Santana, Wise and Salaam Litigation, U.S. District Court for the Southern District of New York, No. 03-09974.

(Reporting By Bernard Vaughan; Editing by Daniel Trotta, Bernard Orr)

Source: http://news.yahoo.com/court-backs-documentary-maker-burns-battle-nyc-002510493.html

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Wednesday, February 20, 2013

Dell reports Q4 2013 earnings: $14.3 billion in revenue as profits plummet 31 percent year-over-year

Dell reports Q4 2013 earnings

Dell hasn't had good news to share during its quarterly earnings reports in quite sometime. And on the eve of it going private, things don't appear to be on the verge of changing. The fourth quarter of its fiscal year 2013 saw the company rake in revenues totaling $14.3 billion, which is up slightly from Q3, but down 11 percent from the same period last year. The story gets even worse when looking at profit. A net income of $530 million represented a 31 percent drop year-over-year. Again, not nearly as bad as last quarter, but still a stunningly steep drop off for a manufacturer that was once at the pinnacle of the industry. The crash is particularly stunning when you look at the consumer division, which was once Dell's bread-and-butter.

Revenue there was down 24 percent year-over-year and operating income has dropped by a staggering 87 percent. In fact, almost every division within Dell has seen its revenue and income drop, with the exception of servers and networking, which enjoyed an 18 percent growth from Q4 of 2012, pulling in just over $2.6 billion. As we've said before, though, the few enterprise-related bright spots are likely not enough to hold off the company's continued slide. Lets just hope that loan from Microsoft is put to good use. Check out the full financial monty after the break.

Show full PR text

Dell Reports Fourth Quarter, Full Fiscal Year Financial Results
Revenue of $14.3 billion in fourth quarter, $56.9 billion for the year


ROUND ROCK, Texas, Feb 19, 2013 (BUSINESS WIRE) -- --GAAP earnings of $0.30 per share in quarter, $1.35 per share for full year; non-GAAP earnings of $0.40 per share in quarter and $1.72 per share for full year

--Cash flow from operations of $1.4 billion; $3.3 billion for fiscal year

Dell announced fiscal 2013 fourth quarter and full-year results today, with revenue of $14.3 billion for the quarter and $56.9 billion for the year. Revenue from enterprise solutions and services grew 6 percent in the quarter to $5.2 billion and was $19.4 billion, or 34 percent of Dell revenue for the fiscal year, a 4 percent gain over fiscal year 2012.

"We continued to execute our long-term strategy in Q4, and realized a 6 percent increase in our enterprise solutions and services business," said Brian Gladden, Dell CFO. "We also continued to generate strong cash flow from operations of $1.4 billion in the quarter. Our strong balance sheet and cash position enabled the company to invest almost $5 billion in new capabilities and intellectual property this fiscal year, including great assets like Quest, SonicWall, Wyse and AppAssure."

Results

-- Revenue in the quarter was $14.3 billion, an 11 percent decrease from the previous year, and a 4 percent increase sequentially. Revenue for the 2013 fiscal year was $56.9 billion, an 8 percent decrease. Dell's fiscal year 2012 had an extra week, which was incorporated into the company's Q4 results.

-- GAAP operating income for the quarter was $698 million, or 4.9 percent of revenue. Non-GAAP operating income was $954 million, or 6.7 percent of revenue. Gross margins for the quarter benefitted by approximately $250 million, primarily resulting from vendor settlements. For the fiscal year, GAAP operating income was $3 billion and non-GAAP operating income was $4 billion.

-- GAAP earnings per share in the quarter was 30 cents, down 30 percent from the previous year; non-GAAP EPS was 40 cents, down 22 percent. For the fiscal year, GAAP EPS was $1.35, down 28 percent year over year and non-GAAP EPS was $1.72, down 19 percent.

-- Cash flow from operations in the quarter was $1.4 billion, and Dell ended Q4 with $15.3 billion in cash and investments. Full-year cash flow from operations was $3.3 billion.

Fiscal-Year 2013 Fourth Quarter and Full Year Highlights

Fourth Quarter Fiscal Year
(in millions) FY13 FY12 Change FY13 FY12 Change
-------- -------- ------ -------- -------- ------
Revenue $ 14,314 $ 16,031 (11 %) $ 56,940 $ 62,071 (8 %)
Operating Income (GAAP) $ 698 $ 931 (25 %) $ 3,012 $ 4,431 (32 %)
Net Income (GAAP) $ 530 $ 764 (31 %) $ 2,372 $ 3,492 (32 %)
EPS (GAAP) $ 0.30 $ 0.43 (30 %) $ 1.35 $ 1.88 (28 %)
Operating Income (non-GAAP) $ 954 $ 1,143 (17 %) $ 3,973 $ 5,135 (23 %)
Net Income (non-GAAP) $ 702 $ 913 (23 %) $ 3,017 $ 3,952 (24 %)
EPS (non-GAAP) $ 0.40 $ 0.51 (22 %) $ 1.72 $ 2.13 (19 %)

Information about Dell's use of non-GAAP financial information is provided under "Non-GAAP Financial Measures" below. Non-GAAP financial information excludes costs related primarily to the amortization of purchased intangibles, severance and facility-action costs, certain settlement costs and acquisition-related charges. All comparisons in this press release are year over year unless otherwise noted.

Products and Solutions:

-- Dell server revenue increased 5 percent driven by strong growth in the company's hyper-scale data center solutions business and migration to the company's 12th-generation servers. The 12G-server line now represents almost 80 percent of Dell PowerEdge server revenue at average selling prices and margins that are a premium over previous-generation servers.

-- Dell networking continued to deliver strong growth, with a 42 percent revenue increase, including more than 100 percent growth in the company's Force10 business.

-- Dell Quest software delivered revenue over the company's stated target of $180-$200 million for the quarter. The company's security software business also grew sequentially.

-- Dell desktop and mobility business revenue declined 20 percent and was up 3 percent sequentially.

Business Units and Regions:

-- Large Enterprise had revenue of $4.7 billion in the quarter, a 7 percent decrease. Operating income for the quarter was $393 million, a 16 percent decrease. Server and networking revenue increased 25 percent and ES&S business grew 10 percent. Revenue for the full year was $17.8 billion, down 5 percent from the previous year.

-- Public revenue was $3.5 billion, a 9 percent decrease. Operating income for the quarter was $236 million, a 25 percent decrease. Servers and networking revenue grew 11 percent. Revenue for the full year was $14.8 billion, down 8 percent from the previous year.

-- Small and Medium Business revenue was $3.4 billion, a 5 percent decrease. Operating income for the quarter was $385 million, a 4 percent decrease. SMB enterprise solutions and services sales increased 9 percent for the quarter, driven by servers and networking growth of 13 percent and services revenue growth of 17 percent. Revenue for the full year was $13.4 billion, down 1 percent from the previous year.

-- Consumer revenue was $2.8 billion, a 24 percent decline for the quarter. Operating income was $8 million, an 87 percent decrease. Revenue for the full year was $10.9 billion, down 20 percent from the previous year.

-- EMEA revenue decreased 14 percent in the quarter, Americas was down 10 percent, and Asia-Pacific and Japan declined 9 percent.

Company Outlook:

Given the company's announcement Feb. 5 of a definitive merger agreement to take Dell private, the company is not providing an outlook for its fiscal 2014 or Q1.

About Dell

Dell Inc. DELL +0.33% listens to customers and delivers worldwide innovative technology, business solutions and services they trust and value. For more information, visit www.dell.com. The fourth-quarter analyst call with Brian Gladden, CFO, and Tom Sweet, Corporate Controller, will be webcast live today at 4 p.m. CST and archived at www.dell.com/investor. To monitor highlighted facts from the analyst call, follow on the Dell Investor Relations Twitter account at: http://twitter.com/dellshares or hashtag #DellEarnings. To communicate directly with Dell, go to www.dell.com/dellshares.

Segment Realignment:

In the first quarter of Fiscal 2013, Dell made certain segment realignments in order to conform to the way Dell internally manages segment performance. These realignments affected all of Dell's operating segments, but primarily consisted of the transfer of small office business customers from the Small and Medium Business segment to the Consumer Segment. Dell has recast prior period amounts to provide visibility and comparability. None of these changes impacts Dell's previously reported consolidated net revenue, gross margin, operating income, net income, or earnings per share.

Non-GAAP Financial Measures:

This press release includes information about non-GAAP operating income, non-GAAP net income, and non-GAAP earnings per share (collectively with non-GAAP gross margin and non-GAAP operating expenses, the "non-GAAP financial measures"), which are not measurements of financial performance prepared in accordance with U.S. generally accepted accounting principles. In the following tables, Dell has provided a reconciliation of each historical non-GAAP financial measure to the most directly comparable GAAP financial measure under the heading "Reconciliation of Non-GAAP Financial Measures." Dell encourages investors to review the reconciliation in conjunction with Dell's presentation of these non-GAAP financial measures.

Special Note on Forward Looking Statements:

Statements in this press release that relate to future results and events (including statements about trends relating to macroeconomic challenges, effects of our server business, and government demand) are forward-looking statements and are based on Dell's current expectations. In some cases, you can identify these statements by such forward-looking words as "anticipate," "believe," "could," "estimate," "expect," "intend," "confidence," "may," "plan," "potential," "should," "will" and "would," or similar expressions. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors, including: intense competition; Dell's reliance on third-party suppliers for product components, including reliance on several single-sourced or limited-sourced suppliers; Dell's ability to achieve favorable pricing from its vendors; weak global economic conditions and instability in financial markets; Dell's ability to manage effectively the change involved in implementing strategic initiatives; successful implementation of Dell's acquisition strategy; Dell's cost-efficiency measures; Dell's ability to effectively manage periodic product and services transitions; Dell's ability to deliver consistent quality products and services; Dell's ability to generate substantial non-U.S. net revenue; Dell's product, customer, and geographic sales mix, and seasonal sales trends; the performance of Dell's sales channel partners; access to the capital markets by Dell or its customers; weak economic conditions and additional regulation affecting our financial services activities; counterparty default; customer terminations of or pricing changes in services contracts, or Dell's failure to perform as it anticipates at the time it enters into services contracts; loss of government contracts; Dell's ability to obtain licenses to intellectual property developed by others on commercially reasonable and competitive terms; infrastructure disruptions; cyber-attacks or other data security breaches; Dell's ability to hedge effectively its exposure to fluctuations in foreign currency exchange rates and interest rates; expiration of tax holidays or favorable tax rate structures, or unfavorable outcomes in tax audits and other compliance matters; impairment of portfolio investments; unfavorable results of legal proceedings; Dell's ability to attract, retain, and motivate key personnel; Dell's ability to maintain strong internal controls; changing environmental and safety laws; the effect of armed hostilities, terrorism, natural disasters, and public health issues; and other risks and uncertainties discussed in Dell's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for its fiscal year ended February 3, 2012. Factors or risks that could cause our actual results to differ materially from the results we anticipate also include: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; (2) the inability to complete the proposed merger due to the failure to obtain stockholder approval for the proposed merger or the failure to satisfy other conditions to completion of the proposed merger, including that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the transaction; (3) the failure to obtain the necessary financing arrangements set forth in the debt and equity commitment letters delivered pursuant to the merger agreement; (4) risks related to disruption of management's attention from the Company's ongoing business operations due to the transaction; and (5) the effect of the announcement of the proposed merger on the Company's relationships with its customers, operating results and business generally. Dell assumes no obligation to update its forward-looking statements.

Additional Information and Where to Find It

In connection with the proposed merger transaction, the Company will file with the SEC and furnish to the Company's stockholders a proxy statement and other relevant documents. These materials do not constitute a solicitation of any vote or approval. Stockholders are urged to read the proxy statement when it becomes available and any other documents to be filed with the SEC in connection with the proposed merger or incorporated by reference in the proxy statement because they will contain important information about the proposed merger.

Investors will be able to obtain a free copy of documents filed with the SEC at the SEC's website at http://www.sec.gov. In addition, investors may obtain a free copy of the Company's filings with the SEC from the Company's website at http://content.dell.com/us/en/corp/investor-financial-reporting.aspx or by directing a request to: Dell Inc. One Dell Way, Round Rock, Texas 78682, Attn: Investor Relations, (512) 728-7800, investor_relations@dell.com.

The directors, executive officers and certain other members of management and employees of the Company may be deemed "participants" in the solicitation of proxies from stockholders of the Company in favor of the proposed merger. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the stockholders of the Company in connection with the proposed merger will be set forth in the proxy statement and the other relevant documents to be filed with the SEC. You can find information about the Company's executive officers and directors in its Annual Report on Form 10-K for the fiscal year ended February 3, 2012 and in its definitive proxy statement filed with the SEC on Schedule 14A on May 24, 2012.

Consolidated statements of income, financial position and cash flows and other financial data follow.

Dell is a trademark of Dell Inc. Dell disclaims any proprietary interest in the marks and names of others.

DELL INC. Condensed Consolidated Statement of Income and Related Financial Highlights (in millions, except per share data and percentages; percentage growth rates and ratios are calculated based on underlying data in thousands) (unaudited)


Three Months Ended % Growth Rates
------------------------------------------------------- -------------------------------------------
February 1, November 2, February 3, Sequential Yr. to Yr.
2013(1) 2012 (1) 2012
------------ ------------ -------------------- ------------------- -------------------
Net revenue
Products $ 11,212 $ 10,706 $ 12,925 5 % (13)%
Services, including software related 3,102 3,015 3,106 3 % -- %
------ ------ --------------
Total net revenue 14,314 13,721 16,031 4 % (11)%
------ ------ --------------
Cost of net revenue
Products 9,169 8,904 10,521 3 % (13)%
Services, including software related 2,036 1,945 2,125 5 % (4)%
------ ------ --------------
Total cost of net revenue 11,205 10,849 12,646 3 % (11)%
------ ------ --------------
Gross margin 3,109 2,872 3,385 8 % (8)%
Operating expenses
Selling, general, and administrative 2,104 2,013 2,218 5 % (5)%
Research, development, and engineering 307 270 236 14 % 30 %
------ ------ --------------
Total operating expenses 2,411 2,283 2,454 6 % (2)%
------ ------ --------------
Operating income 698 589 931 19 % (25)%
Interest and other, net (38) (38) (24) (2)% (59)%
------ --- ------ --- -------------- ---
Income before income taxes 660 551 907 20 % (27)%
Income tax provision 130 76 143 70 % (9)%
------ ------ --------------
Net income $ 530 $ 475 $ 764 12 % (31)%
=== ====== === ====== === ==============
Earnings per share:
Basic $ 0.30 $ 0.27 $ 0.43 11 % (30)%
=== ====== === ====== === ==============
Diluted $ 0.30 $ 0.27 $ 0.43 11 % (30)%
=== ====== === ====== === ==============
Cash dividends declared per common share $ 0.08 $ 0.08 $ --
Weighted average shares outstanding:
Basic 1,738 1,735 1,778 -- % (2)%
Diluted 1,748 1,742 1,796 -- % (3)%
Percentage of Total Net Revenue:
---------------------------------------------------------------
Gross margin 21.7 % 20.9 % 21.1 %
Selling, general, and administrative 14.7 % 14.7 % 13.8 %
Research, development, and engineering 2.1 % 1.9 % 1.5 %
Operating expenses 16.8 % 16.6 % 15.3 %
Operating income 4.9 % 4.3 % 5.8 %
Income before income taxes 4.6 % 4.0 % 5.7 %
Net income 3.7 % 3.5 % 4.8 %
Income tax rate 19.7 % 13.8 % 15.8 %
Net Revenue by Product Category:
---------------------------------------------------------------
Servers and Networking (1) $ 2,623 $ 2,322 $ 2,220 13 % 18 %
Storage 434 386 500 12 % (13)%
Services 2,112 2,107 2,179 -- % (3)%
Third-party software and peripherals 2,275 2,258 2,558 1 % (11)%
Mobility 3,674 3,523 4,877 4 % (25)%
Desktop PCs 3,196 3,125 3,697 2 % (14)%
------ ------ --------------
Consolidated net revenue $ 14,314 $ 13,721 $ 16,031 4 % (11)%
=== ====== === ====== === ==============
Percent of Total Net Revenue:
---------------------------------------------------------------
Servers and Networking (1) 18 % 17 % 14 %
Storage 3 % 3 % 3 %
Services 15 % 15 % 14 %
Third-party software and peripherals 16 % 16 % 16 %
Mobility 26 % 26 % 30 %
Desktop PCs 22 % 23 % 23 %
Net Revenue by Global Segment:
(2)
---------------------------------------------------------------
Large Enterprise $ 4,653 $ 4,156 $ 4,982 12 % (7)%
Public 3,473 3,824 3,833 (9)% (9)%
Small and Medium Business 3,396 3,282 3,560 3 % (5)%
Consumer 2,792 2,459 3,656 14 % (24)%
------ ------ --------------
Consolidated net revenue $ 14,314 $ 13,721 $ 16,031 4 % (11)%
=== ====== === ====== === ==============
Percentage of Total Net Revenue:
(2)
---------------------------------------------------------------
Large Enterprise 33 % 30 % 31 %
Public 24 % 28 % 24 %
Small and Medium Business 24 % 24 % 22 %
Consumer 19 % 18 % 23 %
Consolidated Operating Income:
(2)
---------------------------------------------------------------
Large Enterprise $ 393 $ 325 $ 467
Public 236 352 312
Small and Medium Business 385 349 399
Consumer 8 (65) 61
------ ------ --- --------------
Segment operating income 1,022 961 1,239
Broad based long-term incentives (68) (75) (96)
Amortization of intangible assets (188) (165) (104)
Severance and facility actions and acquisition-related costs (68) (132) (108)
------ --- ------ --- -------------- ---
Consolidated operating income $ 698 $ 589 $ 931
=== ====== === ====== === ==============

(1) Includes the results of Dell's Fiscal 2013 acquisitions from their respective acquisition dates. Servers and Networking includes our Fiscal 2013 Software acquisitions (Quest Software, SonicWALL, and AppAssure).

(2) Segment Results for Fiscal 2012 have been recast to conform to segment realignments that were completed during the first quarter of Fiscal 2013. See Supplemental Segment Information at the end of these financial tables for more information.

DELL INC. Condensed Consolidated Statement of Income and Related Financial Highlights (continued) (in millions, except per share data and percentages; percentage growth rates and ratios are calculated based on underlying data in thousands) (unaudited)


Fiscal Year Ended % Growth Rates
--------------------------------------- -----------------------
February 1, February 3, Yr. to Yr.
2013 (1) 2012
------------ -------------------- ---------------------
Net revenue
Products $ 44,744 $ 49,906 (10)%
Services, including software related 12,196 12,165 -- %
------ --------------
Total net revenue 56,940 62,071 (8)%
------ --------------
Cost of net revenue
Products 36,683 39,689 (8)%
Services, including software related 8,071 8,571 (6)%
------ --------------
Total cost of net revenue 44,754 48,260 (7)%
------ --------------
Gross margin 12,186 13,811 (12)%
Operating expenses
Selling, general, and administrative 8,102 8,524 (5)%
Research, development, and engineering 1,072 856 25 %
------ --------------
Total operating expenses 9,174 9,380 (2)%
------ --------------
Operating income 3,012 4,431 (32)%
Interest and other, net (171) (191) 10 %
------ --- -------------- ---
Income before income taxes 2,841 4,240 (33)%
Income tax provision 469 748 (37)%
------ --------------
Net income $ 2,372 $ 3,492 (32)%
=== ====== === ==============
Earnings per share:
Basic $ 1.36 $ 1.90 (28)%
=== ====== === ==============
Diluted $ 1.35 $ 1.88 (28)%
=== ====== === ==============
Cash dividends declared per common share $ 0.16 $ --
Weighted average shares outstanding:
Basic 1,745 1,838 (5)%
Diluted 1,755 1,853 (5)%
Percentage of Total Net Revenue:
---------------------------------------------------------------
Gross margin 21.4 % 22.3 %
Selling, general, and administrative 14.2 % 13.7 %
Research, development, and engineering 1.9 % 1.5 %
Operating expenses 16.1 % 15.2 %
Operating income 5.3 % 7.1 %
Income before income taxes 5.0 % 6.8 %
Net income 4.2 % 5.6 %
Income tax rate 16.5 % 17.6 %
Net Revenue by Product Category:
---------------------------------------------------------------
Servers and Networking (1) $ 9,294 $ 8,336 11 %
Storage 1,699 1,943 (13)%
Services 8,396 8,322 1 %
Third-party software and peripherals 9,257 10,222 (9)%
Mobility 15,303 19,104 (20)%
Desktop PCs 12,991 14,144 (8)%
------ --------------
Consolidated net revenue $ 56,940 $ 62,071 (8)%
=== ====== === ==============
Percent of Total Net Revenue:
---------------------------------------------------------------
Servers and Networking (1) 16 % 13 %
Storage 3 % 3 %
Services 15 % 13 %
Third-party software and peripherals 16 % 17 %
Mobility 27 % 31 %
Desktop PCs 23 % 23 %
Net Revenue by Global Segment:
(2)
---------------------------------------------------------------
Large Enterprise $ 17,781 $ 18,786 (5)%
Public 14,828 16,070 (8)%
Small and Medium Business 13,413 13,547 (1)%
Consumer 10,918 13,668 (20)%
------ --------------
Consolidated net revenue $ 56,940 $ 62,071 (8)%
=== ====== === ==============
Percentage of Total Net Revenue:
(2)
---------------------------------------------------------------
Large Enterprise 31 % 30 %
Public 26 % 26 %
Small and Medium Business 24 % 22 %
Consumer 19 % 22 %
Consolidated Operating Income:
(2)
---------------------------------------------------------------
Large Enterprise $ 1,553 $ 1,889
Public 1,238 1,584
Small and Medium Business 1,505 1,581
Consumer (11) 433
------ --- --------------
Segment operating income 4,285 5,487
Broad based long-term incentives (312) (352)
Amortization of intangible assets (613) (391)
Severance and facility actions and acquisition-related costs (348) (313)
------ --- -------------- ---
Consolidated operating income $ 3,012 $ 4,431
=== ====== === ==============

(1) Includes the results of Dell's Fiscal 2013 acquisitions from their respective acquisition dates. Servers and Networking includes our Fiscal 2013 Software acquisitions (Quest Software, SonicWALL, and AppAssure).

(2) Segment Results for Fiscal 2012 have been recast to conform to segment realignments that were completed during the first quarter of Fiscal 2013. See Supplemental Segment Information at the end of these financial tables for more information.

DELL INC. Condensed Consolidated Statement of Financial Position and Related Financial Highlights (in millions, except for ratios; ratios are calculated based on underlying data in thousands) (unaudited)

February 1, 2013 November 2, 2012 (1) February 3, 2012 (1)
----------------- --------------------- ------------------------
Assets:
----------------------------------------
Current assets:
Cash and cash equivalents $ 12,569 $ 10,991 $ 13,852
Short-term investments 208 281 966
Accounts receivable, net 6,629 6,187 6,476
Short-term financing receivables, net 3,213 3,151 3,327
Inventories, net 1,382 1,364 1,404
Other current assets 3,967 3,688 3,423
------ ------ --------------
Total current assets 27,968 25,662 29,448
Property, plant, and equipment, net 2,126 2,156 2,124
Long-term investments 2,565 2,908 3,404
Long-term financing receivables, net 1,349 1,354 1,372
Goodwill 9,304 9,191 5,838
Purchased intangible assets, net 3,374 3,511 1,857
Other non-current assets 854 664 490
------ ------ --------------
Total assets $ 47,540 $ 45,446 $ 44,533
===== ====== ====== ====== ====== ==============
Liabilities and Stockholders' Equity:
----------------------------------------
Current liabilities:
Short-term debt $ 3,843 $ 3,724 $ 2,867
Accounts payable 11,579 10,556 11,656
Accrued and other 3,644 3,324 3,740
Short-term deferred revenue 4,373 4,207 3,738
------ ------ --------------
Total current liabilities 23,439 21,811 22,001
Long-term debt 5,242 5,310 6,387
Long-term deferred revenue 3,971 3,963 3,855
Other non-current liabilities 4,187 4,164 3,373
------ ------ --------------
Total liabilities 36,839 35,248 35,616
------ ------ --------------
Total Dell stockholders' equity 10,680 10,177 8,917
Noncontrolling interest 21 21 --
------ ------ --------------
Total stockholders' equity 10,701 10,198 8,917
------ ------ --------------
Total liabilities and equity $ 47,540 $ 45,446 $ 44,533
===== ====== ====== ====== ====== ==============
Ratios:
----------------------------------------
Days of sales outstanding (2) 46 45 42
Days supply in inventory 11 11 11
Days in accounts payable (93) (88) (89)
------ --- ------ ------ -------------- -
Cash conversion cycle (36) (32) (36)
------ --- ------ ------ -------------- -
Average total revenue/unit (approximate) 1,390 $ 1,410 $ 1,330

(1) Certain prior year amounts have been reclassified from accrued and other liabilities and other non-current liabilities on the Condensed Consolidated Statements of Financial Position to short-term deferred revenue and long-term deferred revenue, respectively, to conform to the current year presentation.

(2) Days of sales outstanding ("DSO") is based on the ending net trade receivables and most recent quarterly revenue for each period. DSO includes the effect of product costs related to customer shipments not yet recognized as revenue that are classified as other current assets. At February 1, 2013, November 2, 2012, and February 3, 2012, DSO and days of customer shipments not yet recognized were 42 and 4 days, 41 and 4 days, and 39 and 3 days, respectively.


DELL INC.
Condensed Consolidated Statements of Cash Flows
(in millions, unaudited)
Three Months Ended Fiscal Year Ended
----------------------------------------------- ---------------------------------------
February 1, February 3, February 1, February 3,
2013 2012 (1) 2013 2012 (1)
-------------------- -------------------- ------------ --------------------
Cash flows from operating activities:
Net income $ 530 $ 764 $ 2,372 $ 3,492
Adjustments to reconcile net income to net cash provided by
operating activities:
Depreciation and amortization 321 249 1,144 936
Stock-based compensation 71 101 347 362
Effects of exchange rate changes on monetary assets and liabilities 3 14 18 (5)
denominated in foreign currencies
Deferred income taxes (321) 110 (428) 19
Provision for doubtful accounts -- including financing receivables 73 67 258 234
Other (3) (25) 19 21
Changes in assets and liabilities, net of effects from acquisitions:
Accounts receivable (444) 137 (150) (53)
Financing receivables (142) (210) (193) (372)
Inventories (19) (6) 48 (52)
Other assets -- (251) (334) (28)
Accounts payable 1,030 558 (74) 327
Deferred revenue 192 190 382 701
Accrued and other liabilities 150 139 (126) (55)
-------------- -------------- ------ --- -------------- ---
Change in cash from operating activities 1,441 1,837 3,283 5,527
-------------- -------------- ------ --------------
Cash flows from investing activities:
Investments:
Purchases (784) (2,237) (2,615) (4,656)
Maturities and sales 1,198 579 4,354 1,435
Capital expenditures (130) (165) (513) (675)
Proceeds from sale of facilities, land, and other assets 54 2 135 14
Collections on purchased financing receivables 31 74 167 278
Acquisition of business, net of cash received (136) 2 (4,844) (2,562)
-------------- --- -------------- ------ --- -------------- ---
Change in cash from investing activities 233 (1,745) (3,316) (6,166)
-------------- -------------- --- ------ --- -------------- ---
Cash flows from financing activities:
Repurchase of common stock -- (537) (724) (2,717)
Cash dividends paid (139) -- (278) --
Issuance of common stock under employee plans 3 6 52 40
Issuance (repayment) of commercial paper (maturity 90 days or less), (39) 635 (331) 635
net
Proceeds from debt 521 733 3,311 4,050
Repayments of debt (426) (380) (3,248) (1,435)
Other -- 1 8 4
-------------- -------------- ------ --------------
Change in cash from financing activities (80) 458 (1,210) 577
-------------- --- -------------- ------ --- --------------
Effect of exchange rate changes on cash and cash equivalents (16) 9 (40) 1
-------------- --- -------------- ------ --- --------------
Change in cash and cash equivalents 1,578 559 (1,283) (61)
Cash and cash equivalents at beginning of the period 10,991 13,293 13,852 13,913
-------------- -------------- ------ --------------
Cash and cash equivalents at end of the period $ 12,569 $ 13,852 $ 12,569 $ 13,852
=== ============== === ============== === ====== === ==============

(1) Certain prior year amounts have been reclassified from accrued and other liabilities and other non-current liabilities on the Condensed Consolidated Statements of Financial Position to short-term deferred revenue and long-term deferred revenue, respectively, to conform to the current year presentation. Prior period amounts on the Condensed Consolidated Statements of Cash Flows have been reclassified to conform to the current period presentation.

SUPPLEMENTAL NON-GAAP FINANCIAL MEASURES

The following tables include information about non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, and non-GAAP earnings per share (collectively, the "non-GAAP financial measures"), which are not measurements of financial performance prepared in accordance with U.S. generally accepted accounting principles. Dell has provided a reconciliation of the historical non-GAAP financial measures to the most directly comparable GAAP measures in the below tables. A detailed discussion of Dell's reasons for including the non-GAAP financial measures and the limitations associated with those measures is presented in "Management's Discussion and Analysis of Financial Condition and Results of Operations - Results of Operations - Non-GAAP Financial Measures" in Dell's annual report on Form 10-K for the financial year ended February 3, 2012. Dell encourages investors to review the historical reconciliation and the non-GAAP discussion in conjunction with the presentation of non-GAAP financial measures.

DELL INC. Reconciliation of Non-GAAP Financial Measures (in millions, except per share data and percentages; percentage growth rates and ratios are calculated based on underlying data in thousands) (unaudited)


Three Months Ended % Growth Rates
-------------------------------------------- ------------------------
February 1, November 2, February 3, Sequential Yr. to Yr.
2013 (1) 2012 (1) 2012
----------- ----------- ----------- --------- ----------
GAAP gross margin $ 3,109 $ 2,872 $ 3,385 8 % (8)%
Non-GAAP adjustments:
Amortization of intangibles 138 120 83
Severance and facility actions and acquisition-related costs 11 21 15
----- ----- -----
Non-GAAP gross margin $ 3,258 $ 3,013 $ 3,483 8 % (6)%
=== ===== === ===== === =====
GAAP operating expenses $ 2,411 $ 2,283 $ 2,454 6 % (2)%
Non-GAAP adjustments:
Amortization of intangibles (50) (45) (21)
Severance and facility actions and acquisition-related costs (57) (111) (93)
----- --- ----- --- ----- ---
Non-GAAP operating expenses $ 2,304 $ 2,127 $ 2,340 8 % (2)%
=== ===== === ===== === =====
GAAP operating income $ 698 $ 589 $ 931 19 % (25)%
Non-GAAP adjustments:
Amortization of intangibles 188 165 104
Severance and facility actions and acquisition-related costs 68 132 108
----- ----- -----
Non-GAAP operating income $ 954 $ 886 $ 1,143 8 % (17)%
=== ===== === ===== === =====
GAAP net income $ 530 $ 475 $ 764 12 % (31)%
Non-GAAP adjustments:
Amortization of intangibles 188 165 104
Severance and facility actions and acquisition-related costs 68 132 108
Aggregate adjustment for income taxes (84) (93) (63)
----- --- ----- --- ----- ---
Non-GAAP net income $ 702 $ 679 $ 913 3 % (23)%
=== ===== === ===== === =====
GAAP earnings per share - diluted $ 0.30 $ 0.27 $ 0.43 11 % (30)%
Non-GAAP adjustments per share - diluted 0.10 0.12 0.08
----- ----- -----
Non-GAAP earnings per share - diluted $ 0.40 $ 0.39 $ 0.51 3 % (22)%
=== ===== === ===== === =====
Diluted WAS 1,748 1,742 1,796
Percentage of Total Net Revenue:
---------------------------------------------------------------
GAAP gross margin 21.7 % 20.9 % 21.1 %
Non-GAAP adjustment 1.1 % 1.1 % 0.6 %
----- --- ----- --- ----- ---
Non-GAAP gross margin 22.8 % 22.0 % 21.7 %
===== === ===== === ===== ===
GAAP operating expenses 16.8 % 16.6 % 15.3 %
Non-GAAP adjustment (0.7)% (1.1)% (0.7)%
----- --- ----- --- ----- ---
Non-GAAP operating expenses 16.1 % 15.5 % 14.6 %
===== === ===== === ===== ===
GAAP operating income 4.9 % 4.3 % 5.8 %
Non-GAAP adjustment 1.8 % 2.2 % 1.3 %
----- --- ----- --- ----- ---
Non-GAAP operating income 6.7 % 6.5 % 7.1 %
===== === ===== === ===== ===
GAAP net income 3.7 % 3.5 % 4.8 %
Non-GAAP adjustment 1.2 % 1.4 % 0.9 %
----- --- ----- --- ----- ---
Non-GAAP net income 4.9 % 4.9 % 5.7 %
===== === ===== === ===== ===

(1) Includes the results of Dell's Fiscal 2013 acquisitions from their respective acquisition dates.

DELL INC. Reconciliation of Non-GAAP Financial Measures (in millions, except per share data and percentages; percentage growth rates and ratios are calculated based on underlying data in thousands) (unaudited)


Fiscal Year Ended % Growth Rates
------------------------------- ----------------
February 1, February 3, Yr. to Yr.
2013 (1) 2012
------------ ------------ --------------
GAAP gross margin $ 12,186 $ 13,811 (12)%
Non-GAAP adjustments:
Amortization of intangibles 455 305
Severance and facility actions and acquisition-related costs 67 49
------ ------
Non-GAAP gross margin $ 12,708 $ 14,165 (10)%
=== ====== === ======
GAAP operating expenses $ 9,174 $ 9,380 (2)%
Non-GAAP adjustments:
Amortization of intangibles (158) (86)
Severance and facility actions and acquisition-related costs (281) (264)
------ --- ------ ---
Non-GAAP operating expenses $ 8,735 $ 9,030 (3)%
=== ====== === ======
GAAP operating income $ 3,012 $ 4,431 (32)%
Non-GAAP adjustments:
Amortization of intangibles 613 391
Severance and facility actions and acquisition-related costs 348 313
------ ------
Non-GAAP operating income $ 3,973 $ 5,135 (23)%
=== ====== === ======
GAAP net income $ 2,372 $ 3,492 (32)%
Non-GAAP adjustments:
Amortization of intangibles 613 391
Severance and facility actions and acquisition-related costs 348 313
Aggregate adjustment for income taxes (316) (244)
------ --- ------ ---
Non-GAAP net income $ 3,017 $ 3,952 (24)%
=== ====== === ======
GAAP earnings per share - diluted $ 1.35 $ 1.88 (28)%
Non-GAAP adjustments per share - diluted 0.37 0.25
------ ------
Non-GAAP earnings per share - diluted $ 1.72 $ 2.13 (19)%
=== ====== === ======
Diluted WAS 1,755 1,853
Percentage of Total Net Revenue:
---------------------------------------------------------------
GAAP gross margin 21.4 % 22.3 %
Non-GAAP adjustment 0.9 % 0.5 %
------ --- ------ ---
Non-GAAP gross margin 22.3 % 22.8 %
====== === ====== ===
GAAP operating expenses 16.1 % 15.2 %
Non-GAAP adjustment (0.8)% (0.7)%
------ --- ------ ---
Non-GAAP operating expenses 15.3 % 14.5 %
====== === ====== ===
GAAP operating income 5.3 % 7.1 %
Non-GAAP adjustment 1.7 % 1.2 %
------ --- ------ ---
Non-GAAP operating income 7.0 % 8.3 %
====== === ====== ===
GAAP net income 4.2 % 5.6 %
Non-GAAP adjustment 1.1 % 0.8 %
------ --- ------ ---
Non-GAAP net income 5.3 % 6.4 %
====== === ====== ===

(1) Includes the results of Dell's Fiscal 2013 acquisitions from their respective acquisition dates.


Dell Inc.
Supplemental Segment Information
Fiscal 2011
(in millions, unaudited)
Three Months Ended Fiscal Year Ended
--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------
April 30, 2010 July 30, 2010 October 29, 2010 January 28, 2011 January 28, 2011
------------------------------------------------- ------------------------------------------------- --------------------------------------------------------- ------------------------------------------------- -------------------------------------------------
As Recast Variance As Recast Variance As Recast Variance As Recast Variance As Recast Variance
Reported Reported Reported Reported Reported
---------- ---------- ------------------ ---------- ---------- ------------------ ------------------ ---------- ------------------ ---------- ---------- ------------------ ---------- ---------- ------------------
Net Revenue by Global Segment:
(1)
--------------------------------
Large Enterprise $ 4,246 $ 4,341 $ 95 $ 4,549 $ 4,618 $ 69 $ 4,326 $ 4,389 $ 63 $ 4,692 $ 4,763 $ 71 $ 17,813 $ 18,111 $ 298
Public 3,856 3,708 (148) 4,580 4,467 (113) 4,442 4,340 (102) 3,973 3,862 (111) 16,851 16,377 (474)
Small and Medium Business 3,524 3,096 (428) 3,535 3,083 (452) 3,665 3,179 (486) 3,749 3,250 (499) 14,473 12,608 (1,865)
Consumer 3,248 3,729 481 2,870 3,366 496 2,961 3,486 525 3,278 3,817 539 12,357 14,398 2,041
------ ------ -------------- ------ ------ -------------- -------------- ------ -------------- ------ ------ -------------- ------ ------ --------------
Consolidated net revenue $ 14,874 $ 14,874 $ -- $ 15,534 $ 15,534 $ -- $ 15,394 $ 15,394 $ -- $ 15,692 $ 15,692 $ -- $ 61,494 $ 61,494 $ --
== ====== == == ====== == == ============== == == ====== == == ====== == == ============== == == ============== == == ====== == == ============== == == ====== == == ====== == == ============== == == ====== == == ====== == == ============== ==
Percentage of Total Net Revenue:
(1)
--------------------------------
Large Enterprise 28 % 29 % 1 % 29 % 30 % 1 % 28 % 28 % -- 30 % 30 % -- 29 % 29 % --
Public 26 % 25 % -1 % 30 % 29 % -1 % 29 % 28 % -1 % 25 % 25 % -- 27 % 27 % --
Small and Medium Business 24 % 21 % -3 % 23 % 20 % -3 % 24 % 21 % -3 % 24 % 21 % -3 % 24 % 21 % -3 %
Consumer 22 % 25 % 3 % 18 % 21 % 3 % 19 % 23 % 4 % 21 % 24 % 3 % 20 % 23 % 3 %
Consolidated Operating Income:
(1)
--------------------------------
Large Enterprise $ 283 $ 293 $ 10 $ 288 $ 289 $ 1 $ 400 $ 398 $ (2) $ 502 $ 510 $ 8 $ 1,473 $ 1,490 $ 17
Public 298 280 (18) 369 363 (6) 451 450 (1) 366 353 (13) 1,484 1,446 (38)
Small and Medium Business 313 301 (12) 323 298 (25) 391 365 (26) 450 419 (31) 1,477 1,383 (94)
Consumer 17 37 20 (21) 9 30 -- 29 29 69 105 36 65 180 115
------ ------ -------------- ------ -- ------ -------------- -------------- ------ -------------- ------ ------ -------------- ------ ------ --------------
Segment operating income $ 911 $ 911 $ -- $ 959 $ 959 $ -- $ 1,242 $ 1,242 $ -- $ 1,387 $ 1,387 $ -- $ 4,499 $ 4,499 $ --
== ====== == ====== == ============== == ====== == ====== == ============== == ============== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ==============

(1) In the first quarter of Fiscal 2013, Dell made certain segment realignments in order to conform to the way Dell now internally manages segment performance. These realignments affected all of Dell's operating segments, but primarily consisted of the transfer of small office business customers from the Small and Medium Business segment to the Consumer Segment. Dell has recast prior period amounts to provide visibility and comparability. None of these changes impacts Dell's previously reported consolidated net revenue, gross margin, operating income, net income, or earnings per share.


Dell Inc.
Supplemental Segment Information
Fiscal 2012
(in millions, unaudited)
Three Months Ended Fiscal Year Ended
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- -------------------------------------------------
April 29, 2011 July 29, 2011 October 28, 2011 February 3, 2012 February 3, 2012
------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
As Recast Variance As Recast Variance As Recast Variance As Recast Variance As Recast Variance
Reported Reported Reported Reported Reported
---------- ---------- ------------------ ---------- ---------- ------------------ ---------- ---------- ------------------ ---------- ---------- ------------------ ---------- ---------- ------------------
Net Revenue by Global Segment:
(1)
--------------------------------
Large Enterprise $ 4,477 $ 4,587 $ 110 $ 4,584 $ 4,677 $ 93 $ 4,487 $ 4,540 $ 53 $ 4,909 $ 4,982 $ 73 $ 18,457 $ 18,786 $ 329
Public 3,767 3,621 (146) 4,457 4,329 (128) 4,375 4,287 (88) 3,949 3,833 (116) 16,548 16,070 (478)
Small and Medium Business 3,768 3,355 (413) 3,709 3,306 (403) 3,712 3,326 (386) 3,977 3,560 (417) 15,166 13,547 (1,619)
Consumer 3,005 3,454 449 2,908 3,346 438 2,791 3,212 421 3,196 3,656 460 11,900 13,668 1,768
------ ------ -------------- ------ ------ -------------- ------ ------ -------------- ------ ------ -------------- ------ ------ --------------
Consolidated net revenue $ 15,017 $ 15,017 $ -- $ 15,658 $ 15,658 $ -- $ 15,365 $ 15,365 $ -- $ 16,031 $ 16,031 $ -- $ 62,071 $ 62,071 $ --
== ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ==============
Percentage of Total Net Revenue:
(1)
--------------------------------
Large Enterprise 30 % 31 % 1 % 29 % 30 % 1 % 29 % 29 % -- 30 % 31 % 1 % 30 % 30 % --
Public 25 % 24 % -1 % 28 % 28 % -- 29 % 28 % -1 % 25 % 24 % -1 % 27 % 26 % -1 %
Small and Medium Business 25 % 22 % -3 % 24 % 21 % -3 % 24 % 22 % -2 % 25 % 22 % -3 % 24 % 22 % -2 %
Consumer 20 % 23 % 3 % 19 % 21 % 2 % 18 % 21 % 3 % 20 % 23 % 3 % 19 % 22 % 3 %
Consolidated Operating Income:
(1)
--------------------------------
Large Enterprise $ 504 $ 516 $ 12 $ 448 $ 460 $ 12 $ 441 $ 446 $ 5 $ 461 $ 467 $ 6 $ 1,854 $ 1,889 $ 35
Public 370 352 (18) 484 466 (18) 463 454 (9) 327 312 (15) 1,644 1,584 (60)
Small and Medium Business 463 435 (28) 404 380 (24) 386 367 (19) 412 399 (13) 1,665 1,581 (84)
Consumer 136 170 34 73 103 30 76 99 23 39 61 22 324 433 109
------ ------ -------------- ------ ------ -------------- ------ ------ -------------- ------ ------ -------------- ------ ------ --------------
Segment operating income $ 1,473 $ 1,473 $ -- $ 1,409 $ 1,409 $ -- $ 1,366 $ 1,366 $ -- $ 1,239 $ 1,239 $ -- $ 5,487 $ 5,487 $ --
== ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ============== == ====== == ====== == ==============

(1) In the first quarter of Fiscal 2013, Dell made certain segment realignments in order to conform to the way Dell now internally manages segment performance. These realignments affected all of Dell's operating segments, but primarily consisted of the transfer of small office business customers from the Small and Medium Business segment to the Consumer Segment. Dell has recast prior period amounts to provide visibility and comparability. None of these changes impacts Dell's previously reported consolidated net revenue, gross margin, operating income, net income, or earnings per share.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130219006965r1&sid=cmtx4&distro=nx

SOURCE: Dell Inc.

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Source: Dell

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