Quick Hits: McAfee Secures Computers, Outlook
Brief scrutiny of today's headlines.
McAfee's (MFE) annual Analyst Day in New York was well attended, and management spent most of its time focusing on strategy and product.
McAfee is making investments aimed at gaining market share and building products that will enable it to sell security suites into its installed base, not just endpoint solutions.
Management admitted learning a lot of lessons in the first quarter, specifically with regards to revenue recognition and structuring deals so that they are less likely to be deferred. The company is also expecting that security for virtual machines will be a longer-term, but no less important focus.
I continue to be of the mind that the company is well run: They are gaining market share and adjust quickly when mistakes are made. I further believe that security spending is quickly turning into a "utility bill" for many organizations, as certain types of security are must-haves.
With the proliferation of Internet traffic, increased focus on productivity, compliance and employees using more and more endpoints with which to access company information, other areas of security will ultimately be must-haves as well.
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