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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (262512)	7/20/2010 5:54:46 PM
From: Travis_Bickle	Read Replies (2) \| Respond to of 306849

That is like the entire world being up 2%

To: Smiling Bob who wrote (262512)	10/18/2010 4:28:20 PM
From: Smiling Bob	Respond to of 306849

=DJ VMware 3Q Profit Surges; Issues Strong 4Q Rev Target . DOW JONES NEWSWIRES VMware Inc.'s (VMW) third-quarter earnings more than doubled, topping analysts' expectations, as sales of services and licenses soared and operating margins jumped. The company also projected fourth-quarter revenue of $790 million to $810 million, above the $775 million average of analysts polled by Thomson Reuters. That strong view helped drive shares up 2.6% to $80.35 in after-hours trading. The stock surged 85% this year as of Monday's close after climbing steadily throughout most of 2009. VMware dominates the market for so-called virtualization software, which allows users to run multiple computers' operations on a single machine. In August, VMware moved to acquire two venture-based startups that it said will help advance its role in cloud computing, while last month, the Wall Street Journal reported the company is pursuing Novell Inc.'s (NOVL) SUSE Linex operating system business. VMware, majority-owned by EMC Corp. (EMC), posted a profit of $84.6 million, or 20 cents a share, up from $38.2 million, or 9 cents a share, a year earlier. Excluding items such as stock-based compensation, earnings rose to 39 cents from 24 cents. Analysts most recently forecast 35 cents. Revenue surged 46% to $714.2 million, topping the company's upbeat July estimate of $680 million to $705 million. Operating margin surged to 13.2% from 4.7% as revenue rose faster than costs. Revenue from services, which include subscriptions, consulting and support, jumped 49% while license revenue was up 43%. VMware's services segment has pick up a larger share of revenue in recent quarters, and outpaced license sales the past three quarters. On Friday, investment firm Jefferies said it expected VMware's results in the second half of the year to benefit from the recognition of revenue related to second-quarter server shipments, improvements in renewal pricing and new products. But the firm expressed concern about the levels of growth next year, saying server shipments growth is expected to decelerate over the next few years. -By John Kell, Dow Jones Newswires; 212-416-2480; john.kell@dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: djnewsplus.com. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires October 18, 2010 16:17 ET (20:17 GMT) Copyright (c) 2010 Dow Jones & Company, Inc.- - 04 17 PM EDT 10-18-10