How Delicious is EMC’s VMWare off of IBM’s Quarter?
Thursday, July 19th, 2007
Wow, was that IBM quarter a thing of beauty…I don’t think it gets better than that. Double digit revenue increases across the GLOBE except for the U.S., which still increased up to 6%. For me, Mark Loughridge, SVP & CFO, seemed to hammer home the point that while the U.S. business is picking up, this quarter’s success was due to 3 things:
- IBM’s unique portfolio of products, a lot of which have been in R&D for a long long time.
- IBM’s execution.
- Virtualization is in demand, and is also the factor helping convert sales by making products worthwhile for customers. Read the rest of this entry »
