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EMC's Q2 Earnings Call

The provider of information infrastructure solutions reported a 20% rise in income from $279 million or 12 cents a share in 2006 to $334 million or 16 cents a share, driven by software mix and improvements in services margins across all geographies. Reflective of the strong results, full year revenue and EPS are expected to exceed $12.7 billion and 64 cents, respectively. EMC announced that subject to SEC approval, it will be offering a 10% stake in VMware to the public through an IPO.


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