EMC Posts Strong Results
EMC Corp. posted record results in its third quarter and said demand for its products remains strong, alleviating worries about a slowdown in technology spending.
The Hopkinton, Mass., company, which sells data-center products, has posted strong results of late as customers seek efficient ways to store and access mounting troves of documents and media. But worries have emerged that macroeconomic conditions are causing softness in tech spending.