Marcel Waldvogel on Nostr: At 64% margin(!), #VMware is the new #Broadcom cash cow. And customers are fleeing, ...
At 64% margin(!), #VMware is the new #Broadcom cash cow. And customers are fleeing, if they can..
«In its fiscal Q3 2024 earnings report […], Broadcom reported that revenue grew 47 [%] year-over-year when including contributions from VMware [vs. 4% without]. […] Tan said that VMware integration "is driving adjusted EBITDA margin to 64 percent of revenue" as Broadcom exits fiscal year 2024. At $3.8 billion, VMware represented 29 [%] of Broadcom's quarterly revenue.»
https://arstechnica.com/information-technology/2024/10/a-year-after-broadcoms-vmware-buy-customers-eye-exit-strategies/
«In its fiscal Q3 2024 earnings report […], Broadcom reported that revenue grew 47 [%] year-over-year when including contributions from VMware [vs. 4% without]. […] Tan said that VMware integration "is driving adjusted EBITDA margin to 64 percent of revenue" as Broadcom exits fiscal year 2024. At $3.8 billion, VMware represented 29 [%] of Broadcom's quarterly revenue.»
https://arstechnica.com/information-technology/2024/10/a-year-after-broadcoms-vmware-buy-customers-eye-exit-strategies/