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CRN Exclusive: HPE CEO Neri On Why Dell EMC's New Composable Infrastructure Is Not 'Truly Composable'

Steven Burke

Neri: HPE Partners Are Making More Money

Hewlett Packard Enterprise CEO Antonio Neri told CRN that the company's strong results for its third fiscal quarter ended July 31 means partners are making more money.

"As we pivot to the new solutions in value compute, storage and intelligent edge, this is all good, profitable growth for our partners," Neri told CRN.

Among the biggest growth areas for partners are HPE's hyper-converged infrastructure and intelligent edge solutions.

HPE's hyper-converged portfolio grew at a 130 percent clip in the most recent quarter and is now on pace to be a more than $1 billion business.

HPE's intelligent edge sales, meanwhile, were up 10 percent year over year to $785 million compared with $710 million. HPE's hot- selling Aruba product portfolio sales were up 10 percent in the quarter, while HPE Aruba Services sales were up 14 percent.

Overall, HPE reported non-GAAP diluted net earnings of 44 cents per share on a 4 percent increase in sales to $7.8 billion for its third fiscal quarter ended July 31. The Wall Street consensus was for 37 cents per share on $7.68 billion, according to Thomson Reuters.

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