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May 09, 2008

Profitability

Fortune list EMC as the 14th most profitable tech company.

What's interesting, (Besides the fact the hammer has dropped so hard on expenses like travel that a finance bod follows me around the place saying "no" to everything which doesn't involve flapping my arms really hard and pretending I can fly), is that the company is selling more lower priced products and services than ever before. This year alone we'll probably introduce more lower priced offerings than we have in our entire 30 year history.

If we can drive prices down even further I'm convinced we can steadily move towards breaking into the top 10.

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We have come a long way from selling office furniture eh?

Yup. Remember when we used to sell one hardware platform and four software products?

Life was easier but much less interesting. :)

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