VMware sales slowdown triggers stock meltdown
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Fun while it lasted The VMware orgasm officially ended Monday, as the virtualization software maker revealed that it could no longer match "the market's" lofty expectations.â¦
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Consolidate like the big boys Well entrenched in the data centers of the Fortune 100, VMware has decided to go after the little guy. The software maker this week plans to roll out a new server virtualization management bundle aimed at small- to medium-sized businesses (SMBs).â¦
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Hypervisor hype drives sales Virtualisation software giant VMware has pumped out impressive third quarter results with profit up 90 per cent buoyed by strong sales of its hypervisor package.â¦
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SHARES are set for a bumpy ride after Wall Street lost ground on the weekend, derailed by weak US jobs data and a poor prognosis from Intel which sparked worries for the health of the tech sector.
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Fusion due in August VMWare's Windows-on-Mac application, Fusion, will go on sale in August, the virtualisation technology specialist announced today. Order it now and you'll get the software at half price, the company said.â¦
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The virtualization market leader saw its stock price drop sharply after reporting fourth-quarter financial results that fell short of Wall Street's profit forecasts.
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Showing just how hot the virtualization market has become, Intel has taken a minority stake in VMware, now owned by enterprise storage company EMC. Intel is investing $218.5 million for 2.5 percent of all outstanding VMware common stock, and will gain control of one board seat.
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The mystery of what went wrong for the  software industry in late June when sales stalled at more than  20 brand-name companies is not even close to being solved  although the third quarter is nearly halfway over.
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Not a good Q2 Red Hat was grilled by Wall Street today on plans its for JBoss after profits took a nose-dive in Q2.â¦
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Pots and kettles go flying With an IPO and a major server virtualization battle looming, VMware has turned aggressive in its fight with Microsoft.â¦
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Tempur-Pedic leaves investors crying like babies after its latest quarter.
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Business & money: Investors ploughed money into metal on back of concerns about dollar weakness and US slowdown
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A computer glitch triggered a sudden plunge in the Dow Jones industrial average at mid-afternoon Tuesday, turning an already bad day in stocks into a head-turning spectacle.
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InfoWorld - Sales growth for x86 servers slowed in the fourth quarter of 2006 as buyers adopted virtualization technology and waited for quad-core processors, according to a Gartner report released Thursday.
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(InfoWorld) - The server market remains strong but industry research shows unit shipment rates slowing as companies buy fewer, but more powerful, machines. The effects of virtualization, the emergence of multicore processing and other consolidation efforts are evident in server sales and market share numbers in IDC's Worldwide Quarterly Server Tracker report for the third quarter, released Wednesday. A similar trend toward slower server unit sales growth is seen in a third quarter server report released Tuesday by Gartner Inc. IDC reports that overall server revenue grew by 3.5 percent from the year-earlier quarter to $12.9 billion, the fastest growth rate in four quarters. But IDC analyst Jed Scaramella points to slower unit sales growth, particularly for industry standard servers, as evidence of virtualization and other data center consolidation efforts by customers. "We have started to see unit shipment in the x86 market tempered a little bit," Scaramella said. Unit shipments of x86-based servers grew by 8.8 percent in the third quarter, down from 9.8 percent in the second quarter and 11 percent in the first. Virtualization is the process of enhancing server utilization by running multiple applications on the same physical server. Without it, some servers only operate at 15 percent to 20 percent of capacity. Companies are also buying new servers with dual-core or quad-core processors that offer more computing power than older models with single-core processors. Thus, customers can enhance their data centers' capability with fewer servers, Scaramella said. The IDC and Gartner numbers show no change in the market share rankings, based on revenue, of the leading server vendors. IBM Corp. led with 33.1 percent market share on a 6.6 percent revenue increase to $4.28 billion, compared to the year-earlier quarter. Hewlett-Packard Co. held onto second place with a 26.3 percent share as its revenue declined 2.1 percent to $3.4 billion. Dell Inc. holds a 10.5 percent share on a 3.8 percent revenue increase to $1.36 billion. Sun Microsystems Inc. followed closely with a 10 percent share on a healthy 15.8 percent jump to $1.3 billion. Scaramella says Sun has rebounded from weakness a year ago, when its sales fell by 5 percent. Since then, Sun has introduced its Niagara line of servers and servers running Advanced Micro Devices Inc.'s Opteron processors, a rival to the dominant Intel Corp. processor. "Overall, Sun has been focused on performance per watt. They've been at the forefront of it," Scaramella said. Fujitsu Computer Systems Corp. ranked fifth with 5.3 percent market share on a 9 percent revenue decline to $690 million. The remaining vendors collectively held a 14.9 percent share on 4.4 percent revenue growth to $1.93 billion. Â
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While some slowdown in application sales was expected as customers took a wait-and-see approach to the Oracle-PeopleSoft antitrust proceedings, Oracle&#39;s application sales plunged 69 percent from the fourth quarter to the first.
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Software company executives at a CIBC World Markets conference this week cited a variety of reasons for why June sales slowed, from record oil prices to steep software discounting and regulatory distractions on accounting deadlines.