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.
CEO and Editor in Chief.
Living in the era of dynamic tech change Asan decided to stay tuned in changes that make any person find comfort and adapt to new devices. Furthermore, gaming became his passion for spending leisure time with his close ones. Although, he has a degree in Business Administration (majoring Finance) writing for technology and as well as finance has been one of the precious aspects of his life