Under assault from all sides as king of the open storage hill, EMC Corp’s fourth quarter earnings still came in right on the money, meeting analysts’ $0.32 per share expectations. The company reported net income up 33.7% at $166.23m compared with $124.28m on revenue up 33% at $873.39m compared with $656.39m. For the year EMC reported net income up 39.4% at $538.52m compared with $386.22m on revenue up 29.2% at $2.93bn compared with $2.27bn. Its software business grew 131% in the year while open systems storage sales grew 94%. It’s going to counter Sun Microsystems Inc’s new attack on the open storage space with a new strategy planned for February 2.
