NetApp | WRAL TechWire - Part 3

NetApp

NetApp earnings reflect intensifying battle with EMC

Editor’s note: Angela Lambert is a research analyst in the Computing Practice at Technology Business Research, Inc. She provides analysis of NetApp’s most recent quarterly earnings report and the growing competition with EMC. Both firms have a big – and growing – presence in the Research Triangle Park area. HAMPTON, N.H. – NetApp’s struggles to offset EMC’s strong emergence in the channel led to the first quarter of revenue decline in more than three years on Wednesday. EMC is leveraging its scale and recognizable storage brand to chip away at NetApp’s (Nasdaq: NTAP) comfort zone, launching its midmarket-centric VNXe product and...

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NetApp faces choppy demand, targets emerging markets for growth

Editor’s note: Angela Lambert is a research analyst with Technology Business Research. HAMPTON, N.H. – TBR believes NetApp (Nasdaq: NTAP) will focus on geographic expansion to maintain revenue growth, applying channel partnerships to enhance VDI and cloud storage services in Europe and India. Investments in NetApp’s global channel will continue driving revenue growth, which reached 24.8% in 3Q11. [NetApp, which has a large operation in Research Triangle Park, N.C., reported revenues below expectations and sees choppy demand ahead. “In general we go through periods of good news followed by bad news,” CEO Tom Georgens told Dow Jones newswires. “I...

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