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EMC Corp. - Pres. & CEO Interview.

Publication: Finance Wire

Publication Date: 25-JUL-05
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COPYRIGHT 2005 Voxant Inc.

Original Source: CNBC/DOW JONES BUSINESS VIDEO

MARK HAINES, CNBC ANCHOR: Time now for another "First on CNBC." EMC unveiling the largest ever machine for storing corporate data with up to four times more capacity than is currently available. The new version of its Symmetrix dubbed the "sime" or Sym 7. The new Symmetrix DMX-3 system is the first corporate machine that can hold more than a petabyte, that`s over a quadrillion bytes of data or enough to store 2 trillion telephone company transaction records. Or for you iPod fans, 250 million digital songs. Joining us "First on CNBC," EMC president and CEO, Joseph Tucci.

Good morning, sir, thanks very much for being with us.

JOSEPH TUCCI, PRES. & CEO, EMC CORP.: Good morning, Mark. It`s great to be here.

HAINES: You know, I have a large mp3 collection. How much would one of these things cost me?

TUCCI: It depends how you configure it, Mark, but they can run up to several million dollars if you go to the really big one.

HAINES: OK. Several million. Well, I guess...

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