A new product labeled bCloud™ with Backup, Storage and Compute packages promises to launch Bluemile even further ahead as an enterprise cloud service provider. Read more »
VMware shares still struggling due to disappointing third quarter sales forecast
VMware, Inc. (Public, NYSE:VMW) “a virtualization software provider” shares are still in the shock and still struggling due to the announcement of the third quarter sales forecast. The share opened today $36.70 and closed even lower at about $35.00.
Read more on VMware shares still struggling due to disappointing third quarter sales forecast…
Read more »VMware (NYSE: VMW) Announced Second-Quarter 2008 Reports Results.
VMware, Inc. (NYSE: VMW), today reported financial results for the second quarter of 2008 which include revenues for the second quarter were $456 million, an increase of 54% from the second quarter of 2007. GAAP operating income for the second quarter was $61 million, compared to $47 million for the same period last year. Non-GAAP operating income was $112 million, an increase of 52% from the second quarter of 2007. GAAP net income for the quarter was $52 million, or $0.13 per diluted share, compared to $34 million, or $0.10 per diluted share, for the second quarter of 2007. Non-GAAP net income for the quarter was $92 million, or $0.23 per diluted share, compared to $52 million, or $0.16 per diluted share, for the second quarter of 2007. Cash exceeded $1.5 billion and deferred revenue was $721 million as of June 30, 2008.
Read more on VMware (NYSE: VMW) Announced Second-Quarter 2008 Reports Results….
Read more »