Storage Soup:

NetApp

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May 20, 2015  6:07 PM

Clustered OnTap complexities clobber NetApp

Dave Raffo Dave Raffo Profile: Dave Raffo
NetApp

NetApp’s earnings report today disappointed investors as the vendor missed its previous revenue forecast, and it issued lower than expected guidance for this quarter. NetApp today also revealed plans to slash around 500 employees. NetApp’s revenue of $1.54 billion for last quarter came in...

April 29, 2015  3:59 PM

Kidd’s retirement leaves NetApp CTO-less

Dave Raffo Dave Raffo Profile: Dave Raffo
NetApp, Storage

Jay Kidd is retiring as NetApp CTO, although not necessarily ending his career. In a

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February 12, 2015  9:57 AM

NetApp blames sales slump on budget restraints

Dave Raffo Dave Raffo Profile: Dave Raffo
NetApp, Storage

A rocky quarter with a disappointing forecast for this quarter left NetApp CEO Tom Georgens defensive about his company’s product portfolio and strategy. NetApp Wednesday reported $1.55 billion in revenue, down four percent from last year and well below its previous forecast. Its forecast for...


November 13, 2014  10:58 AM

NetApp expects new products to save the day

Dave Raffo Dave Raffo Profile: Dave Raffo
Cloud storage, NetApp, Storage

NetApp CEO Tom Georgens says the cure for stagnant revenue is an expanded product portfolio. NetApp’s earnings report Wednesday night showed almost no revenue growth over last year, and its forecast called for more of the same this quarter. NetApp’s revenue of $1.54 billion for last...


August 14, 2014  12:40 PM

NetApp expects FlashRay in September

Dave Raffo Dave Raffo Profile: Dave Raffo
NetApp, Storage

Despite a drop in revenue from last year, NetApp executives painted a rosy picture of their outlook during their earnings call Wednesday evening. They expressed optimism over the pending

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August 10, 2014  6:50 PM

Survey says budgets dipping but interest in flash storage rising

Rich Castagna Rich Castagna Profile: Rich Castagna
AS400 physical file, Dell, EMC, Flash, flash storage, Fusion-io, Hitachi, HP, IBM, IOPS, Latency, NetApp, Pure Storage, Quality of Service, Solid-state storage, Storage, Violin Memory

IT budgets are declining on average, and while planned storage spending is dipping, too, it accounts for 13.5% of the overall IT budget. That figure, based on survey data collected by 451...

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May 22, 2014  11:34 AM

NetApp sales down; OEM sales way down

Dave Raffo Dave Raffo Profile: Dave Raffo
flash storage, NetApp, Storage

NetApp is having the same problems as the other large storage vendors these days – more data going into the cloud, elongated sales cycles, declines in federal spending and new innovative vendors taking customers from the big guys. NetApp’s earnings and guidance released Wednesday reflect...


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