Tony,
CC just ended.
Outlook for 2001:
- Reiterated 12 Billion rev.
- Growth
*inf. systems mid 30's %
*software 50%
*services 50%
- GM's mid to high 50's
- No slowdown in 1st half per MR, from customer comments
-Quarterly rev growth mid 30% (this was interesting/ Laura from GS asked if they were guiding rev growth lower, as the current 1st quarter expectation was rev growth of about 39%, they hummed and hawed and finally said no they were not guiding lower, that it was a wide range, indicates to me they are sandbagging)
-headcount should go from 23,000 to 30,000 (in line with growth rate, something I like to see)
Other notes:
- Fibre channel growth 84%
- NAS 4Q 210 million
- International growth higher than US growth for the first time (Asia/Pac huge, didn't write down the number)
- more than 1/2 of revenues from new products in 2000
Again Laura from GS (she was a bit mean spirited) asked about Clarion which has gone to 80% direct from OEM model, can EMC still drive prices lower after this is accomplished, yes said MR, using prices as a sales tool.
All in all, a great call and presentation, with slides. Tony, I suggest you at least review the slides as they tell the story of 2000. I don't know why they didn't have slides of guidance, would have been helpful.
John |
