In an earnings call made earlier this week, VMware reported some bad news, even as the company released some pretty solid financial earnings numbers.VMware CEO Pat Gelsinger admitted that last year was, as he called it, a "challenging time" for VMware investors. And the company's core compute virtualization products were reaching maturity and would play a decreasing role in the company's future business.
VMware announced total revenues for the fourth quarter reached $1.87 billion, that's an increase of 10% from the fourth quarter of 2014, or up 12% year-over-year on a constant currency basis. And license revenues for the fourth quarter were $825 million, an increase of 6% from the fourth quarter of 2014, or up 11% year-over-year on a constant currency basis. With the coming Dell acquisition of EMC, Gelsinger said the company would see, over time, a significant revenue upside from up selling VMware's full portfolio of products and services to Dell's new equipment sales and from accessing their incredibly strong SMB go-to market engine.