The PC market is fading, the chip sector is stumbling, and the server market is inspiring no one right now. And yet, the market for data storage and virtualization/cloud software just keeps growing. The latter point is particularly relevant to VMware (NYSE:VMW) and this company's second quarter earnings report suggests there's no let up in the growth just yet. (For further assistance in breaking down earnings, check out Getting The Real Earnings.)
Q2 Has More of the Same
There was not a lot new in VMware's second quarter report, and that will likely sit just fine with the shareholders. Revenue rose 35% on a constant currency basis from last year and about 9% on a sequential basis. U.S. revenue rose 35% and not only was international growth strong at 38%, it now makes up more than half of the company's revenue base. License revenue was up 40% for the quarter and Enterprise License Agreements (ELAs) were more than 25% of total bookings for the quarter.
To continue, click below:
http://stocks.investopedia.com/stock-analysis/2011/VMware-Maintains-The-Momentum-VMW-MSFT-ORCL-SAP-IBM-HPQ-EMC0722.aspx
No comments:
Post a Comment