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What: Shares of storage specialist EMC
So what: Revenue in the second quarter will be right around a record $5.3 billion, a 10% increase. Adjusted earnings per share are also at record levels and should be approximately $0.39 per share. EMC also reaffirmed its full-year goals, expecting sales of $22 billion and adjusted earnings of $1.70 per share.
Now what: EMC's majority owned subsidiary, VMware
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Fool contributor Evan Niu holds no position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of EMC. Motley Fool newsletter services have recommended buying shares of VMware. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.