Industry Analyst Report Demonstrates NetApp Networked Storage Market Success
Sunnyvale, Calif. - June 11, 2008 -- NetApp
(NASDAQ: NTAP) announced today that it gained share in the
networked storage market (which includes FC SAN, NAS, and iSCSI) in
Q1 2008 in both revenue and capacity shipped, as reported in IDC's
Worldwide Quarterly Disk Storage Systems Tracker Q1
20081. Sequentially, NetApp grew networked storage
revenue faster than any of the top five vendors. NetApp also gained
revenue and capacity share in each of the markets in which it
plays.
According to IDC, NetApp share gains moved the company from the
fourth position in the networked storage market to tying for the
number-two slot, growing to a 12.0% share in Q1 2008, up from a
10.1% share in Q4 2007. NetApp also gained capacity share in
networked storage, growing 2.5%, from 17.2% to 19.7%, in the same
period.
NetApp outpaced FC SAN market growth in Q1 2008, sequentially
gaining share in both revenue and capacity shipped while both the
market and the market leader declined. NetApp also demonstrated
continued leadership in the NAS and iSCSI storage markets in Q1
2008 by maintaining the number-one market share position in
capacity shipped for NAS (40.0%) and iSCSI (24.6%).
About NetApp
NetApp creates innovative storage and data management solutions
that accelerate business breakthroughs and deliver outstanding cost
efficiency. Discover our passion for helping companies around the
world go further, faster at www.netapp.com.
Safe Harbor Statement Under U.S. Private Securities
Litigation Reform Act of 1995
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements include market and market share trends that
benefit the Company, continued customer acceptance, and adoption
rates of the Company's solutions. These forward-looking statements
involve risks and uncertainties, and actual results could vary.
Factors that could impact our ability to achieve our goals include
general economic and industry conditions, including expenditure
trends for storage-related products; our ability to deliver new
product architectures and products that meet market acceptance; our
ability to design products that compete effectively from a price
and performance perspective; and other important factors as
described in NetApp, Inc. reports and documents filed from time to
time with the Securities and Exchange Commission, including our
most recently submitted 10-K and 10-Q.
1 IDC Worldwide Quarterly Disk Storage Systems Tracker
Q1 2008.
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