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VMware to start breaking out cloud revenue in 2015

Cloud is now 5 per cent of VMware's business

VMware announced revenues for the third quarter this year were $1.52bn, an 18 per cent increase on Q3 last year. But the company also reported a 26 per cent decrease in net income and a sequential decline in the quarterly revenue growth rate, which VMware president and chief operating officer Carl Eschenbach said was because sales discussions are taking longer now that its cloud services are entering the picture more frequently.

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