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EMC blames customers for shortfall

Punters ordered too late
Mon Jul 10 2006, 16:52
EMC has warned that it will have lower than expected profits thanks to its punters being a little slow of the mark placing orders for its super soaraway data-storage system.

The outfit moaned that punters were just not excited enough by its nice new Symmetrix DMX-3 Storeage platform until the last minute. Then they suddenly all ordered at once and the company didn't have enough to flog them. All this confusion has led to huge problems in the warehouse where the outfit's inventory doesn't know whether it is coming or going.

We would have thought a good storage system would have sorted out that problem. EMC's chief executive, Joe Tucci said in a press release if it wasn't for those pesky customers the outfit would have been able to meet its financial targets by meeting the strong Symmetrix DMX-3 demand.

He doesn't really need this headache at the moment, he is planning to acquire RSA Security for about $2.3 billion, EMC's latest wheeze to get into a more interesting market than data-storage hardware for big corporations. With customers like that, we can't say we blame him.

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