VMware has reported revenues for the first quarter 2009 of
$470.3m, an increase of 7% from the first quarter of 2008. However,
the company has been impacted by the recession, with a decline of
13% on software licence revenue from a year ago.
The company said services revenues are becoming a larger
proportion of its total revenues. In the first quarter, services
revenues were 45% of total revenues compared to 33% a year ago.
Paul Maritz, president and chief executive officer, said, "We
delivered solid results for the first quarter despite a very
challenging economic climate. Customers continued to adopt the
VMware platform as a strategic investment that delivers substantial
cost savings and improved efficiency and flexibility for their
business."
Earlier this week,
VMware launched vSphere 4, which it positions as an operating
system for supporting the IT for internal cloud computing.
