Are NetApp sales slumping because of their customers perception of a steady decline in customer service and support or because of slumping overall slumping IT spending?
SAN FRANCISCO, May 23 (Reuters) – Network Appliance Inc.’s (NTAP.O: Quote, Profile , Research) chief executive said lower demand for its products by U.S. corporations was hurting sales, leading the data network storage maker to forecast declining sequential revenue.
HP seems to be upbeat on server sales, If HP’s server sales are growing – why would storage sales be slumping for NetApp?
Information Technology is a complex marketplace, and we are seeing two very different views of corporate IT spending patterns here.