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EMC 1Q profit sinks 23 pct on charges, weak data-storage spending; sales miss expectations

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana

EMC 1Q profit sinks 23 pct on charges, weak data-storage spending; sales miss expectations

Posted: Apr 23, 2009 11:43 AM

This post originated from an RSS feed registered with Java Buzz by Angsuman Chakraborty.
Original Post: EMC 1Q profit sinks 23 pct on charges, weak data-storage spending; sales miss expectations Feed Title: Simple Thoughts - Java and Web Technology Blog Feed URL: http://tech.gaeatimes.com/index.php/feed/ Feed Description: News and views as a Software Architect and Entrepreneur on Java and Web Software.	Latest Java Buzz Posts Latest Java Buzz Posts by Angsuman Chakraborty Latest Posts From Simple Thoughts - Java and Web Technology Blog

EMC 1Q profit drops 23 pct, sales miss view SAN FRANCISCO â EMC Corp.'s first-quarter profit dropped 23 percent on weakness in data-storage spending, which until recently had been fairly resilient to the recession. CEO Joe Tucci predicted that slumping information technology spending "has reached or is very near the bottom" and should rebound in the [...]

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