- Consolidated revenue for 2007 is expected to exceed $12.7 billion.
- GAAP diluted earnings per share for 2007 are expected to exceed $0.64.
The consensus estimates were $12.78 billion and $0.68. When I previewed this week’s earnings reports I said EMC provides a decent look at enterprise tech spend. Other reports I have seen indicate that tech spending is improving, not slowing. Is EMC being too conservative, are they losing share, or are the other indicators giving a false reading?