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Dell Decking 4 Years’ Worth of Earnings by up to $150 Million

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Following an internal probe (heh, heh) Dell has announced that it will restate its earnings from fiscal 2003 to the first quarter of 2007, reducing them by up to $150 million. The probe concluded that Dell “misled its auditors and manipulated results to meet performance goals.” The most hardcore fakeage apparently took place in Q1 of fiscal 2003 and Q2 of fiscal 2004—Dell’s dropping profits for those periods by 10 to 13 percent. Not a good week for Dell, all in all. [Yahoo!, Image via Flickr]

https://gizmodo.com/microsoft-google-dell-coalition-white-space-prototype-287736

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