VMWare sees significant boost in profits

By Justin Mann on
Despite the massive increase in competition for VMware the past few years, the company appears to be doing very well. A recent report from them indicates that the company has seen a significant increase in revenue and, even more important, an increase in profit.

The company saw a 32 percent increase in revenue for the third quarter and 28 percent in profit, primarily from strong sales of services they offer to companies using their products. The good news sent their stock value up quite a bit, making things even better for the company. This is also encouraging to those enterprises that began virtualizing early on, before other players like Xen and Microsoft had entered the market.

Will they be able to keep growth up when faced with a competitor as big as Microsoft?

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