Of its three hardware platforms, sales of EMC's Clariion line of arrays and related software grew almost 31 percent compared with last year, said Bill Teuber, executive vice president and CFO at EMC. Clariion is the EMC line which solution providers are most likely to sell.
Sales through EMC direct, Dell and other solution providers all rose, Teuber said. However, he declined to offer any more specifics.
Clariion sales also rose 6 percent on a quarter-to-quarter basis, which Teuber said was unusual for a vendor. "Usually, sales drop 6 [percent] to 10 percent from fourth quarter to first quarter," he said.
Outlook for second quarter and beyond looks good, EMC executives said. Revenue for the second quarter is expected to be between $1.95 billion and $1.975 billion, with earnings expected to reach 8 cents per share. The company expects gross margins in excess of 50 percent for the entire year, with R&D expenses amounting to between 11 percent and 12 percent of revenue.
Article appears courtesy of CRN.