Reply to post: Re: HCI - the great distraction of our time.

Nutanix CEO smacks down VMware exec over claim it's a new Enron

baspax

Re: HCI - the great distraction of our time.

Nutanix also changed the way they classify their sales.

I saw quotes where the hardware was $0 and everything was under "software", which had the added benefit of no sales tax. In other words, what would have been $50,000 in hardware and $70,000 for software and services was turned into $120,000 software and services.

Wall Street likes that as the $50,000 loss on hardware is a one-time hit but due to it magically being software it falls into the "reoccurring revenue" bucket, in other words a future revenue stream. So Nutanix is faking/fudging/doctoring their software numbers to show a healthier company.

How is this not fraud?

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