DELL SERVICES GENERATED STRONG REVENUE FROM COST SYNERGIES AND EXPANDED SALES BROUGHT ON BY THE PEROT ACQUISITION - Sponsored Whitepaper

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Dell Services’ revenue growth remains largely dependent on the acquisition of Perot Systems:
• Dell Services posted a 54.7% year-to-year revenue increase driven by the Perot acquisition, which significantly
increased the organization’s revenue in North America and the Healthcare vertical.
• Dell continues to focus on cost containment at the corporate level, reducing overhead and G&A expenses that
are weighing down Dell Services’ margins. TBR estimates Dell Services’ gross margin increased by 330 basis
points to 26.4%, while operating margin increased by 450 basis points to 11.9% in 3Q10.
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