EMC revenue down nine per cent, earnings down 23 per cent

Dave Bailey
clock • 1 min read

But storage vendor predicts global IT spending decline has bottomed out

EMC announces earnings down nearly a quarter Storage technology vendor EMC has released first-quarter financial results showing a nine per cent drop in revenue, coupled with a 23 per cent drop in...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like

Business Software

The hyperconvergence vendor moved from selling hardware to subscription software and took a hit to revenues in the process

clock 24 October 2019 • 3 min read

Software

Pivotal generated a net loss of $163.5m on revenues of $509m in the year to the end of February 2018

clock 27 March 2018 • 2 min read

Management

Dell considering IPO five years after going private

clock 26 January 2018 • 2 min read

More on Storage

New optical disk tech promises petabit-level storage

New optical disk tech promises petabit-level storage

More than 4,000 times more storage than Blu-ray

clock 26 February 2024 • 2 min read
Selling Dell: vendor tops HPE, IBM and others in storage partner mindshare stakes

Selling Dell: vendor tops HPE, IBM and others in storage partner mindshare stakes

Among the major enterprise storage brands, Dell resellers are best at generating traffic via search optimisation, finds research by The Channel Company

John Leonard
clock 21 July 2023 • 4 min read
All cloud, all-flash: An interview with Pure Storage's Wes van den Berg

All cloud, all-flash: An interview with Pure Storage's Wes van den Berg

Cloud and container adoption will define the next 12 months

Computing Staff
clock 26 November 2021 • 3 min read