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NetApp confirms slower growth

posted on 11 March 2008 17:51


Fy09 15-20% up on Fy08

NetApp thinks that its fiscal 2009 revenues will be 15 to 20 percent more than its fiscal 2008 revenues.

CEO Dan Warmenhoven was speaking at an analysts' meeting in Boston.

General Wall Street expectations are in the 17-18 percent area.

Warmenhoven's statement confirms earlier reports of slowing NetApp growth.

[Phil Robson, news editor.]