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VMware Q1 Sales Low Revealing Sour Enterprise Performance

Written by Ironpaper | Jan 25, 2011 11:15:05 PM

The virtualization software company, VMware had a record quarter at the end of 2010, which may have been exhausting for the enterprise market in following deferred spending during the economic recession. NY Times VentureBeat blog takes this as a sign that 2011 entreprise spending may be in trouble--saying that pent up demand for hardware and software may now be "mostly sated" following the fantastic last quarter.

Shares of VMware were down 5 percent following the company’s quarterly conference call.