NEW YORK (CNNMoney.com) -- Dell Inc. posted lower fiscal fourth-quarter earnings and sales Thursday, and the computer maker increased its cost-cutting goal to $4 billion from $3 billion in the face of challenging economic conditions.Shares rose more than 2% in after-hours trading.
The company posted net income of $351 million, or 18 cents per share, in its fiscal fourth quarter ended Jan. 30.
The per-share net included previously announced combined expenses of 11 cents for reorganizational costs and stock options, bringing operating income to 29 cents a share.
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