Dell Inc. (Nasdaq: DELL) shares are getting hit in late-Tuesday trading following first-quarter 2013 results which showed a drop across all metrics.

Revenue was $14.42 billion, down 4 percent from $15.02 billion in the same period last year. Non-GAAP net income dropped from $1.05 billion to $761 million, or 43 cents per share.

The Street was looking for revenue of $14.91 billion and EPS of 46 cents.

Large Enterprise revs slipped 3 percent to $4.44 billion while Small and Medium Business sales was the only segment to show growth, up 4 percent in the quarter.

Gross margin improved from 22.9 percent last year down to 21.3 percent.

"We’re committed to continuing our strategy to re-shape Dell’s business as an end-to-end IT provider," commented CEO Michael Dell.

One key highlight was where revenue came from: "Asia-Pacific and Japan revenue was flat but China increased 9 percent. EMEA revenue was down 1 percent in the quarter. Americas was down 7 percent. Revenue in the BRIC countries increased 4 percent."

Looking ahead, Dell sees second-quarter 2013 revs up 2 percent to 4 percent sequentially.

Shares are down nearly 10 percent after hours.

Earnings