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Broadcom’s bold VMware strategy pays off financially, but customers are unhappy with price hikes

8 March 2025
in Technology
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Broadcom’s bold VMware strategy pays off financially, but customers are unhappy with price hikes
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Broadcom’s acquisition of VMware has led to impressive financial results, with Q1 2025 revenue reaching $14.92 billion, a 25% increase year-over-year, and net income rising to $5.5 billion, up 315% from the previous year. The integration of VMware into Broadcom’s software business unit has been a key driver of this growth, as shown by the unit’s revenue rising to $6.7 billion in the quarter. Despite the financial success, customer dissatisfaction over significant price hikes raises concerns about potential migrations away from VMware in the future.

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Tags: BoldBroadcomsCustomersfinanciallyhikespayspricestrategyunhappyVMware
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