That is down from a 1.5% increase from its previous forecast published in the summer.
But potential buyers might do well to take a look at previous forecasts for the magazine.
The previous forecast had been 31 percent to 37 percent growth.
Revenue rose 21 percent, to $11.54 billion, and was higher than Dell's previous forecast.
Sales for the first quarter are expected to rise about 20 percent, in line with the company's previous forecast, the company said.
His previous forecast was for a decline of 4 percent.
He notes that by 2013 growth is back on track with the Fed's previous forecasts.
The previous forecast was for 500,000 new cancer cases with 93,000 fatalities over the same period.
That is at the high end of its previous forecasts.
Its previous forecast was for sales of 15 million.