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VMWare Update: Two Rough Quarters
by Dan Kimerling on October 18, 2008

VMWare has had a string of bad luck during the Summer and Fall. Their CEO was fired, the share price for VMWare stock has gone down by 75% this year, they have lost significant market share, Microsoft has launched an competitor priced intentionally low in order to gain market share, and three different investment banks have downgraded them. All this while the market for their product has gotten more interesting, as it helps companies save on IT costs.

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