EMC Corporation (EMC) Misses Q3 Estimates, Shares Drop

EMC Corporation (NYSE:EMC) released its earnings report for the three months ended September 30 this morning before the market opened on Wall Street. The information technology company showed earnings of 40 cents on revenue totaling $5.5 billion. Shares in EMC were slumping in pre-market trading this morning after the release of the earnings figure.

In the run up to the release of this report analysts following EMC Corporation (NYSE:EMC) were looking for earnings per share of 45 cents on revenue of $5.8 billion from the company. In the same three months of last year the company managed to earn 40 cents per share on $5.3 billion....