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Dell Thursday came in with third-quarter revenues up 9% to a record $15.6 billion and earnings of 34 cents a share, up 26%. Operating income was up 13% to $829 million. Its stock slumped over 10% during and after the company’s first conference call since last August. Dell hasn’t been heard from as HP ate its lunch and Dell twitched, lost market share, and recycled its management because of that ever-so-long investigation into its books that found mischief had been done so it could meet Wall Street expectations, an investigation that delayed its financials, which it just restated. So this call to articulate the company’s turnaround plans was important.

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