NetApp Income : U.S. $ 912 Million

November 18, 2008 · Filed Under Hardware · 399 views

NetApp revenue in quarter 2009 reached U.S. $ 912 million, up 15% compared to the same period last year. And Warmenhoven, chairman and CEO of NetApp says, NetApp has a good income in the economic environment is not stable. He claimed that many more customers to switch to lower the cost of NetApp storage.

Quoted from the written description, Mon (17/11/2008), net income NetApp based on GAAP (generally Accepted Accounting Principles) in two quarter of fiscal year 2009 is U.S. $ 49 million. While net income of non-GAAP in the quarter was U.S. $ 92 million.

Total revenue in the first six months of the current fiscal year is U.S. $ 1.78 billion, up 20% year over year when compared to the same period in the previous fiscal year was U.S. $ 1.48 billion.

NetApp also launched a global program that provides customers with the assurance that the use NetApp, they will save 50 percent of storage in a virtual environment compared with their traditional storage.

During the second quarter, NetApp storage will become the first vendor to offer storage solutions with native Fiber Channel over Ethernet (FCoE) SAN. FCoE support to improve the architecture as NetApp unified storage, customers are able to make changes to business needs and opportunities with a flexible data access in all protocols.