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

Serving tech enthusiasts for over 25 years.TechSpot means tech analysis and advice you can trust Bottom line: Broadcom's acquisition of VMware has yielded impressive financial results, according to the company's recent quarterly earnings report. For the quarter ending February 2, Broadcom reported revenue of $14.92 billion, marking a significant 25% year-over-year increase. Net income surged to $5.5 billion, a remarkable 315% rise compared to the same period last year. A key driver of this growth is the integration of VMware into Broadcom's infrastructure software business unit, which posted revenue of $6.7 billion in Q1 2025 – up from $4.55 billion in the same quarter last year. Although Broadcom no longer reports VMware's revenue separately, the substantial increase suggests VMware's contributions have been considerable. Before the acquisition, Broadcom's software sales experienced only modest growth, with increases of 3% in FY 2023 and 4% in FY 2022. To better understand the imp ... Read full article.