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VMware's (VMW) weak Q1 guidance sparked an AH selloff in enterprise IT names. CTXS -3.1%. RHT...

VMware's (VMW) weak Q1 guidance sparked an AH selloff in enterprise IT names. CTXS -3.1%. RHT -2.2%. CRM -1.2%. WDAY -1.3%. FFIV -1.3%. NTAP -2.4%.The guidance comes amidst concerns the virtualization software market is becoming saturated, and that Microsoft's free Hyper-V platform is proving a tough competitor. On the earnings call, VMware boasted of strong vCloud sales, but added it's seeing soft demand in the U.S and remains worried about Europe. Headcount is expected to grow by 1K in 2013 in spite of the job cuts.
Comments (2)
  • WASCO2150
    , contributor
    Comments (2) | Send Message
     
    Drive the price low enough and ctxs will be a target for acquisition. It's all in the making.
    29 Jan 2013, 01:22 AM Reply Like
  • ciolan
    , contributor
    Comments (193) | Send Message
     
    The SA editors are not too interested in keeping us up to date with news about CRM. Common guys, do some effort, you can for AAPL
    5 Feb 2013, 04:58 AM Reply Like
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