EMC's (EMC +1.1%) strong Q4 earnings and outlook are making analysts upbeat about both its...

|By:, SA News Editor

EMC's (EMC +1.1%) strong Q4 earnings and outlook are making analysts upbeat about both its prospects and IT spending overall. For 2011, EMC predicts revenue of $19.6B, exceeding Street expectations of $19B. And EMC is the "best-positioned enterprise infrastructure company for the cloud," says Gleacher & Co.