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Fortune says EMC making a fortune

posted on 09 May 2008 16:05


14th most profitable tech company

Fortune magazine rates EMC as the 14th most profitable technology company.

The company recorded excellent results in its last earnings statement.  Fortune mentions a 36 percent profit rise and says the Iomega acquisition should help it grow in the consumer and SMB markets.

Dell is at number ten in the ranking, Apple at number eight, HP at fourth, Cisco number three, IBM second and Microsoft numero uno.

No other storage companies were in the top twenty.

[Paul Roberts, news editor.]