By: Benzinga
January 29, 2013 at 08:17 AM EST
UPDATE: EMC Posts 4.6% Rise In Q4 Profit, Issues Weak 2013 Forecast
EMC (NYSE: EMC ) reported a 4.6% rise in its fourth-quarter income. For 2013, EMC expects adjusted profit of $1.85 per share on revenue of $23.5 billion. However, analysts expected a profit of $1.90 per share on revenue of $23.57 billion. EMC's quarterly profit surged to $869.9 million, or $0.39
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