Article 63JRB SEC charges VMware with hiding slowing sales from investors

SEC charges VMware with hiding slowing sales from investors

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from The Register on (#63JRB)
Story ImageVirtualization giant pays $8m to settle claims it pushed revenue into later quarter... without admitting liability

VMware misled investors about its order backlog management processes that allowed it to roll revenue into future quarters by postponing product delivery dates to customers to conceal slowing sales relative to forecasts....

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