EMC reported that it had achieved an all-time record revenue as well as strong profit growth for the fourth quarter and full fiscal year 2006. The company's 14th consecutive quarter of double-digit year-over-year revenue growth was highlighted by better than expected revenue and profit performance. Total consolidated revenue for the fourth quarter was a record $3.215 billion, 19% higher than the $2.710 billion f EMC reported that it had achieved an all-time record revenue as well as strong profit growth for the fourth quarter and full fiscal year 2006. The company’s 14th consecutive quarter of double-digit year-over-year revenue growth was highlighted by better than expected revenue and profit performance.Total consolidated revenue for the fourth quarter was a record $3.215 billion, 19% higher than the $2.710 billion for the fourth quarter of 2005 and $55 million more than the fourth-quarter revenue forecast provided by EMC in October 2006. Part of that success can be attributed to the outstanding financial achievements made by its 2004 acquisition – VMware. VMware had its 31st consecutive record quarter and grew total revenues 101% year-over-year to $232 million. VMware representatives attribute this exceptional growth primarily to rapid customer adoption of VMware Infrastructure 3, which began shipping back in June 2006. VMware’s fourth quarter momentum and expanding customer base was also fueled by the release of 64-bit support for VI3, VMware Lab Manager, and a new virtual appliance marketplace and certification program now delivering more than 380 virtual appliances.So how does one sum that up? How about… EMC acquiring VMware for $625 million – Priceless! Software Development