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October 12, 2015 02:09 pm GMT

VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

cloudsAlongside thenot-unexpectednews that Dell wouldacquireEMC in a record $67.1 billion deal, EMC-controlledVMwarereleasedan early look at its Q3 results: the virtualization giant said it expectsto post $1.672 billion in sales, with non-GAAP net income of $1.02/share. The market, at least initially, doesn’t look very impressed: shares of VMware dropped by as much as10% in… Read More

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