Industry Analyst Report Demonstrates NetApp® Market Success (2)
Sunnyvale, Calif. - June 8, 2007 --
Network Appliance, Inc. (NASDAQ:
NTAP) today announced that it has gained revenue and capacity share
in all of its key storage markets in the first calendar quarter of
2007. According to IDC's Worldwide Quarterly Disk Storage Systems
Tracker Q1 2007,1 NetApp grew revenue and capacity
faster than the networked storage market both sequentially (Q4
2006-Q1 2007) and year over year (Q1 2006-Q12007). NetApp gained
revenue share in networked storage, growing to a 10.5% share in Q1
2007, up from a 9.3% share at year-end 2006. NetApp also gained
capacity share in networked storage, growing to 20.4% from 17.5% in
the same period.
In Fibre Channel (FC) SAN, NetApp continues to
grow faster than the market in both revenue and capacity, both
sequentially and year over year. This is the fifth consecutive
quarter in which NetApp has grown faster than the FC SAN market in
revenue. Sequentially, the FC SAN market revenue dropped 10.4%,
while NetApp grew 12.6%. Year over year, the FC SAN market revenue
grew 12.6%, while NetApp grew 103.0%. NetApp dramatically outpaced
the FC SAN market in terms of capacity, growing at 263.7% year over
year, compared to market growth of 57.1% during that period.
In its core NAS market, NetApp grew faster
than the market sequentially in terms of both revenue and capacity.
Sequentially, the NAS market revenue dropped 8.0%, while NetApp
grew 10.7%. NetApp continues to lead the NAS market in terms of
capacity, with a 39.3% share in Q1 2007, up from a 32.4% share in
NetApp demonstrated continued leadership in
the iSCSI market in terms of revenue and capacity, with first-place
market share for Q1 2007 in capacity shipped (33.3%) and in revenue
(24.3%). In Q1 2006, the iSCSI market revenue grew 8.6%
sequentially, while NetApp grew 14.9%.
"The increased revenue and capacity market
share NetApp gained this quarter in the network storage, SAN, NAS,
and iSCSI markets demonstrates the innovation and value NetApp is
delivering to the data center," said Elisa Steele, vice president
of Corporate Marketing at Network Appliance. "We strive to
continually provide our customers with data management solutions
that will improve upon their total cost of ownership and simplify
complex IT storage environments."
About Network Appliance
Network Appliance is a leading provider of innovative data
management solutions that simplify the complexity of storing,
managing, protecting, and retaining enterprise data. Market leaders
around the world choose NetApp to help them reduce cost, minimize
risk, and adapt to change. For solutions that deliver unmatched
simplicity and value, visit us on the Web at
1IDC's Worldwide Quarterly Disk
Storage Systems Tracker Q1 2007
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 Network Appliance, 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.
Network Appliance, Inc.
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