Thursday, May 9, 2013

Price cuts, OpenStack transition make Rackspace miss in Q1


Price cuts, OpenStack transition make Rackspace miss in Q1

Revenues and profits up, but Wall Street will freak out

Rackspace Hosting did not turn in the kind of first quarter it wanted for the period ending in March, so expect knee-jerk reactions and hyperventilating from investors who think it can't stay in the cloud game against the likes of Amazon, Google, and Microsoft.…


Original Page: http://go.theregister.com/feed/www.theregister.co.uk/2013/05/09/rackspace_q1_2013_numbers/





Sent from my iPad

No comments:

Post a Comment