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EMC Income Up in Wake of Bad News from Sun, IBM
Looks To Be Most Feature Rich E-mail Provider

The market leader in SAN-style enterprise storage showed no signs of market weakness. EMC announced that net income during the first quarter 2005 rose to $270 million, or 11 cents per share. That compares with $140 million, or 6 cents per share, in the same quarter last year.

Revenues rose 20 percent to $2.24 billion from $1.87 billion last year. EMC said this rise was led by a growth rate of 47% in its midrange Clariion line of storage systems. With enterprises of all sizes increasing their onlnie commerce and enriching same with audio and video, the overall storage market shows no signs of abating.

"EMC continues to prove its leadership in storage with this quarter's results", says Marc Farley, President of Saratoga, CA-based consulting company Building Storage. In remarks to the ISSJ News Desk, Farley also noted that "EMC's business transition from a large enterprise subsystems vendor to a balanced storage vendor with mid-range SAN storage, software for storage and data management, and systems management software is going remarkably well."

About Security News Desk
SYS-CON's Security News desk trawls the world of security for news of software, hardware, products, and services that seems likely to be of interest to infosec professionals and summarizes them for easy assimilation by busy IT managers and staff.

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