90% of top ten deals had VMware’s EUC

So far, we’ve discussed VMware’s (VMW) various segments’ and offerings’ performances in the company’s most recent quarter. Let’s see how its EUC (end-user computing) business has performed.

In fiscal 1Q18, VMware’s EUC business reported a 20% YoY (year-over-year) rise in its license bookings. Mobile and desktop software sales drove this growth. Another highlight for EUC was that nine out of VMware’s top ten deals in the quarter had EUC in them, just like NSX.

How VMware’s End-User Computing Business Performed

Last month, VMware partnered with Google (GOOG) to speed up the adoption of Google’s Chromebooks. Under this partnership, VMware’s offerings such as Airwatch, Workspace One, and Horizon would be used to make Chromebooks more accessible to enterprise users.

According to Sumit Dhawan, the senior vice president and general manager of VMware’s end-user computing business, “VMware has been working with Google since 2015 to offer secure Android devices and applications, most recently with advanced support for Android Enterprise.”

Horizon is a leader in virtual client computing

VMware is heavily pushing Horizon cloud, which was positioned as a leader in the IDC MarketScape Worldwide Virtual Client Computing Software 2016 Vendor Assessment in November 2016.

2016 marked the second year in a row in which VMware held this position. Earlier in the series, we discussed VMware’s strategic deal with Microsoft (MSFT) Azure to push its Horizon offering.

Latest articles

This year, Pfizer (PFE) stock has fallen 0.34% and Bristol-Myers Squibb (BMY) stock has fallen 6.48%. Both companies are focused on strengthening their position in the high-growth oncology and immunology markets. Let's take a closer look at each.

Walt Disney’s (DIS) latest movie, Toy Story 4, has reportedly broken records in the opening weekend with $118 million in sales. However, the opening weekend collection was behind analysts’ expectations of at least $150 million in the first weekend.

24 Jun

Will Home Depot’s Upward Momentum to Continue?

WRITTEN BY Rajiv Nanjapla

As of June 21, Home Depot (HD) was trading at $209.39, which implies a rise of 9.7% since the announcement of its first-quarter earnings on May 21. Also, the company was trading at a premium of 32.4% from its 52-week low of $158.09 and a discount of 2.8% from its 52-week high of $215.43.

On June 21, Aurora Cannabis (ACB) made an announcement that indicated that it will move towards higher margin vape products. In addition, the company also believes concentrates and edibles will command higher margins. In anticipation of this development, the company announced the expansion of its facility to capitalize on growth related to these segments.

Shares of Mondelēz International (MDLZ) are scaling new heights thanks to its stellar gains so far this year. Mondelēz stock is up 38.0% on a YTD (year-to-date) basis, and it closed at $55.25—just a shade lower than its 52-week high of $55.71—on June 21.

24 Jun

How Long Will Facebook's Libra Fuel Bitcoin Rally?

WRITTEN BY Mayur Sontakke, CFA, FRM

Ever since the news about Facebook’s (FB) cryptocurrency project broke, Bitcoin has rallied on the hope that Facebook’s entry in the space will help make cryptocurrencies mainstream. Facebook’s cryptocurrency will be called Libra and will be governed by an association with 28 founding members across industries.

172.31.38.64