SOURCE: Wall Street Equity Research

Wall Street Equity Research

August 31, 2010 09:10 ET

Professional Research on EMC Corporation and Quantum - A Roller Coaster Ride for Data Storage Stocks this Quarter

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 31, 2010) - gives shareholders valuable insight on data storage devices stocks EMC Corporation (NYSE: EMC) and Quantum Corp. (NYSE: QTM). Sign up today at to receive free research reports on these equities.

The data storage and devices industry is showing mixed results recently, and quarterly earnings have been up and down. EMC Corp. which reported its financial results back in July saw its profits grow two-fold to $426.2 million due to corporations' willingness to spend on data storage. While there has been some positive news due to businesses increasing their information technology budgets, profit margins for some companies in the industry have decreased due to an increase in production costs. Another problem or boon, depending on how companies adapt to the marketplace, is the strong emergence of cloud computing. Traders can get direct and free access to today's full report on EMC Corporation by signing up at is a specialized website where investors can have specific access to free reports data storage devices industry; traders looking for analyst opinions on EMC Corporation, Quantum Corp. and other companies in this industry are welcomed to sign up for a free one year membership at

Companies currently positioned in the cloud computing business are faring much better, as many customers are shifting away from purchasing expensive software, and the hardware necessary to run it, and are moving toward cloud computing. This is proving beneficial to the data storage industry, as it has increased the amount of data needed to be stored centrally, however, companies that have branched out into software development may be negatively impacted. Companies in cloud computing niche are also benefitting from partnership deals with large companies, as many now see cloud computing as the next big thing in information technology. Visit us at to understand the catalysts and forces driving or affecting the data storage devices industry in today's economic environment.

More from the earnings front posted Quantum Corp. with a loss of $3 million for the quarter. Earnings for the company were at $163.2 million. Traders can have complimentary access to today's complete research report on Quantum Corp. by signing up at

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