Broadcom’s other major segment, infrastructure software, reported 26% growth to $6.94 billion in sales, topping Wall Street’s expectations. The segment includes sales from the company’s VMWare offerings.

They are completely destroying their VMware userbase. Every company is doing everything they can to remove or drastically reduce their on-prem VMware footprint. VMware is still a great product, but Broadcom’s new abusive licensing terms are killing it anyway.