EMC Says Dell Revenue Is Growing
In its quarterly 10-Q report with the U.S. Securities and Exchange Commission, EMC reported that Dell -- which resells Clariion storage systems, among other EMC offerings -- is surging as a percent of EMC's top line:
There are no details explaining why Dell is accounting for a greater chunk of EMC revenue, but a smaller amount of EMC's accounts receivable. How those numbers trend out may warrant a look in EMC's next 10-Q.
Questions have been growing about the trajectory of the Dell-EMC relationship, since Dell announced earlier this week it had agreed to spend $1.4 billion to acquire storage technology vendor EqualLogic. Dell Chairman and CEO Michael Dell told ChannelWeb: "Our Dell-EMC alliance is absolutely affirmed. We're going to continue to have the strong partnership we have."