Wall Street was looking for earnings of 29 cents per share on a revenue of $1.15 billion.
Between the Lines
Larry Dignan and other IT industry experts, blogging at the intersection of business and technology, deliver daily news and analysis on vital enterprise trends.
Larry Dignan is Editor in Chief of ZDNet and SmartPlanet as well as Editorial Director of ZDNet's sister site TechRepublic.
Rachel King is a staff writer for ZDNet based in San Francisco.
VMware had a busy first quarter after it completed the acquisition of AirWatch, which gave the company a mobile strategy. The company also launched virtual storage software.
AT&T also added 64,000 business U-verse high speed broadband subscribers during the first quarter.
Did you know that Google Glass could be used to monitor rhinos? Yes, that is happening.
Amazon will reportedly woo smartphone buyers with 3D effects and navigation with gestures and tilting. The company will have to have flawless software right away to overcome a learning curve.
Hackers are now targeting cloud-based apps and systems almost as much as on-premise environments, particularly with so-called brute force attacks and vulnerability scans.
The wireless company is teaming with media and entertainment company The Chernin Group for the venture, which will focus on investing in and acquiring subscription VOD channels and streaming services.
The paper copier pioneer reported a five-percent drop in first-quarter profits and trimmed its adjusted earnings forecast for the year, citing slow growth in its services unit and dwindling revenue from its printing business.
Dell Boomi's Spring release of its integration platform as a service aims to use its large customer data repository to smooth out the process of connecting various cloud apps.
Comcast's first quarter highlighted how service to small and mid-sized businesses is the cable giant's fastest growing business.