The shares of Dell Inc. surged superbly on Friday, after the Round Rock, Texas-based computer manufacturer posted robust first quarter result on Thursday. The company’s first-quarter results showed that its cost-cutting and strong notebook sales helped pushing its profit and revenue.

Dell posted a 4 percent jump in its quarterly profit, to $784 million, while revenue rose 9 percent, to $16.08 billion. The company cut about 7,000 jobs last year, though it added 2,700 through acquisitions. It’s also planning to cut costs by $3 billion by 2011.

Dell’s investors really had nice time yesterday. The better-than-expected first-quarter results lifted the company’s stock as much as 10% higher during Friday's trading session. Dell's shares ended the day up $1.25, or 5.7%, at $23.06 on Friday. In the past 52 weeks, the stock has traded between $18.13 and $30.77.