back to article Cashman steadies ship: EMC revenues shrink, profits fatten

EMC saw a slight revenue decline year-on-year in the first 2016 quarter, with Latin America a trouble spot. Revenues of $5.5bn were 2 per cent down year-on-year from $5.6bn. However profits, of $268m were 6.3 per cent higher year-on-year EMC’s first quarter is seasonally weaker than its fourth quarter and, indeed, the fourth …

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