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Data-storage equipment maker $EMC reported lower 4Q15 earnings on flat revenues. Net income fell 32.7% to $771MM or $0.39 per share from $1,147MM or $0.56 per share last year. For the quarter, revenue was almost flat YoverY at $7.014Bil compared to $7.048Bil the previous year. Adjusted earnings for the quarter were $1.3Bil or $0.65 per share.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.