Digital has reported net income of $31.9 million (#19.5 million) for the second quarter of fiscal 1997 ended 28 December, compared to $148.8 million the year before. Revenues were also down, standing at $3.36 billion compared to $3.95 billion the year before. However Digital's chairman, Robert Palmer (pictured right), said he was satisfied with the progress the company had made since the first quarter. "We needed to address a number of issues over the past few quarters to position the company for long-term growth," he said, adding that Digital's long-term goal was to generate revenue growths and profits to put the company among the industry leaders. Referring to Digital's troubled PC business, Palmer said: "The PC business unit has done an excellent job meeting its goals over the past quarters."
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