Steady Data Demand Helps EMC

By Shirleen Dorman and Jerry A. DiColo Word Count: 401 | Companies Featured in This Article: EMC, Microsoft, Google, International Business Machines, VMware EMC Corp.'s second-quarter results and 2008 guidance signal that the data-storage company continues to perform well even as some larger technology vendors struggle with the weakening U.S. economy. EMC's net income rose 13% amid double-digit revenue growth in the June quarter, while the company kept its earnings outlook for the remainder of the year in line with its previous forecast. President and Chief Executive Joe Tucci said customers are being cautious with their spending amid the wider economic slowdown,... [read full story]