Computing giant, Dell has said that it has recorded a disappointing fall of 72 per cent in its net income during the second quartered the financial year.

Dell said that it recorded a net income of $204 million during the second quarter of this financial year. The company's revenues remained almost flat at the level of $14.5 billion, but were higher than $14.18 billion expected by a survey of analysts by Thomson Reuters. The company's net income on an adjusted basis excluding certain costs, charges and other items stood at 25 cents a share.

"In a challenging environment, we remain committed to our strategy and our customers, and we're encouraged by increasing customer interest in our end-to-end solutions offerings and continued growth in our Enterprise Solutions, Services and Software businesses," Brian Gladden, Dell's chief financial officer, said in a statement.

The falling income of the company is mainly due to the falling sales of personal computers when many people are moving to newer devices including tablets. Manufacturers including dell have slashed their prices to increase market share, which has affected the company's profitability. Dell shipped about 8.98 million PCs, compared with 9.35 million in the year-earlier period, according to Gartner.