EMC announced its first quarter results on April 20, reporting a 2% year-over-year decline in revenues to just under $5.5 billion.  The company has witnessed a slowdown in the hardware business over the years, leading to consistent year-over-year declines in product sales over the last few quarters. Comparatively, EMC-owned VMware has performed well over the last few years to offset the decline in core storage hardware sales. Below is a summary of Q1 financial results for EMC.

from Forbes – Tech http://ift.tt/1rpOGzJ
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