Broadcom earns more from VMware than hoped for
Briefly

Tan did not reveal specific VMware revenue figures, but mentioned that VMware's expenses have been cut from an average of $2.4 billion to $1.2 billion quarterly, indicating strong financial health.
The growth in subscription sales was significant, with 21 million subscriptions sold for processor cores, showcasing key deployments for the VMware Cloud Foundation among the largest VMware customers.
Broadcom's CEO also reported that the annual booking value, which represents future revenue from subscriptions, increased by $200 million from the last quarter to $2.7 billion.
Broadcom's infrastructure software division saw a remarkable quarterly revenue rise to $5.82 billion, marking a staggering year-over-year growth of 196 percent attributed to VMware's integration.
Read at Techzine Global
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