As the cloud-based platforms have a variety of services and facilities VMware has chosen that service to its existing digital workspace technology. Since its purely digitalized company the COVID-19 pandemic just passed by not hurting its Q1 2020 revenue, conversely increasing it quarterly by almost $1.2 billion. However, cost of revenue and operating expenses have roughly doubled in Q1 2020 report.
Additionally, NYSE: VMW could make its long term focused stockholders happier by soaring from $105.72 to $142.44 since the major stock crackdown. The nature of this stock is fluctuating, meaning that, daily and weekly-based speculators may have pretty good margins. Moreover, for dividends awaiting investors, this stock could be a smart choice meanwhile its net income is positive.