VMware Proves Virtualization Not Recession-Proof (VMW, EMC)
If EMC doesn't meet or exceed Street expectations tomorrow morning, expect a drop...
"VMware Inc. (NYSE: VMW) has just posted its first quarter earnings. The true leader in the emerging field of virtualization reported a non-GAAP earnings of $0.25 EPS and $470.3 in revenues. Thomson Reuters had estimates at $0.20 EPS and almost $474.4 million in revenues. This may also set the tone for tomorrow’s report from near-parent EMC Corp. (NYSE: EMC)."