(Bloomberg) -- EMC Corp. reported first quarter sales and profit that fell short of analysts’ estimates in a slowing market for storage devices, as the company nears a $67 billion takeover by Dell Inc.

First-quarter profit excluding certain items was 31 cents a share, EMC said in a filing Wednesday. Revenue was little changed from a year earlier at $5.48 billion. Analysts on average had projected profit of 33 cents and sales of $5.63 billion, according to data compiled by Bloomberg.

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