Second quarter earnings of Dell Inc fell 17 percent from the same period last year even as revenues touched $16.43 billion. The company blamed pricing and restructuring costs for the negative impact on its bottom line.

Computer maker Dell Inc released its second quarter fiscal report last Thursday, which revealed earnings of $616 million or 31 cents a share on revenues of $16.43 billion. This was a drop of 17 percent compared to the $14.78 billion it earned in sales which led to a profit of $746 million or 33 cents a share during the same quarter last year.

Company officials admitted that its margins were affected by attempts to build out consumer product lines. Dell had marked out the consumer market at one of its prime areas of growth and had pumped in resources into the US and overseas retail markets. Even though Dell’s global consumer business brought in revenues of $2.8 billion signaling a jump of 28 percent last year, operational losses mounting to $5 million this year hurt the company’s bottom line.

A decline in Dell’s earnings was also attributed to a rise in deferred revenues from overseas markets like Europe, Middle East and Africa. Share prices of Dell tumbled by 10 percent to settle at $22.71 in after-hours trading.