Symantec Profit Rises As It Signs More Big Deals

Symantec , the largest maker of computer security and data backup software, reported higher quarterly profit Wednesday, beating Wall Street expectations, as it signed more large contracts. It also said it may beat analysts' profit forecasts for the current quarter, which ends Oct. 3, helping to send its shares up 4.5 percent. "We have good visibility and a strong pipeline coming into the quarter," Chief Executive John Thompson said in an interview.

Symantec expects to report profit excluding items of 34 cents to 36 cents per share in its current fiscal second quarter. Analysts expect it to report profit of 34 cents, according to Reuters Estimates. The company's sales are benefiting from recent changes to the way its sales force approaches business customers, cross- selling security products with data backup programs and storage software.

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"The company's sales are benefiting from recent changes to the way its sales force approaches business customers"

Well that explains it. It surely can't have anything to do with the technology which makes any IT professional cringe.

ya, i thought it. but after using 'Norton 360 2.0' & 'Norton Internet Security 2008' i have changed. I used Kaspersky but it (Norton 2008 or Norton 360 2.0) is really goood and better than kaspersky in many ways.

Have you even tried Norton Antivirus 2008? I take it you haven't. It is a huge improvement, and NAV 2009 is set to be even faster.

Please, try something before make comments such as these. If you don't like it, then why? This is just like the Windows Mojave experiment.

Smctainsh

(smctainsh said @ #1.1)
Have you even tried Norton Antivirus 2008? I take it you haven't. It is a huge improvement, and NAV 2009 is set to be even faster.

Please, try something before make comments such as these. If you don't like it, then why? This is just like the Windows Mojave experiment.

Smctainsh

ya. u r ryt. Norton 2008 (AV & IS) & Norton 360 2.0 are really good. Use less memory, speedy & load faster plus it's better than Kaspersky, AVG or Eset Smart Security. just try it, i challenge.