EMC is claiming record financial numbers from its latest quarterly report. The company said that its Q2 period saw net income rise by 108 percent over last year, pushing year-to-date cash flow to its highest levels ever.Additionally, EMC reported that its earnings per share had doubled over the previous year's levels, while its VMware subsidiary saw revenues grow by some 48 percent.Much of the growth also came from the companies high-end and mid-level storage platforms. The Symmetrix line grew by 32 percent over last year, while the conpany's mid-level storage business grew by 33 percent.EMC credited the gain in large part to sales as a result of companies adopting new IT infrastructures, such as cloud computing implimentations."Never in our history have we had a stronger team, more compelling vision, or more innovative set of technologies, services, and partnerships," said EMC chief executive Joe Tucci."As a result, EMC is in an excellent position to lead this dramatic shift in IT and provide our customers with a clear path forward on their journey to the cloud."
Issue: 337 | April 2015
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.