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EMC: Cloud Computing Makes This Worth Buying

October 1, 2012 by greatdividendstocks.com in Others with 0 Comments

EMCs EMC: Cloud Computing Makes This Worth Buying International Date Storage released a “Storage Tracker” report tracking different vendors across the market. It said that EMC’s (EMC) market share in the external disk storage has increased compared to the previous year. According to the data released, EMC is up by 30.4% compared to the prior year’s market share of 28.7%. In contrast, its competitors have reported market share losses. International Business Machines (IBM) reported a decline in market share to 12.9%, from its 13.7% share last year. Netapp (NTAP) also reported a slight decline of market share from 12.8% to 12.1%. Another technology stalwart Hewlett-Packard (HPQ) has a market share of 10.7%, down from the previous market share of 11%. Notable is the market share of Dell (DELL) of 7.8%, which emerged from the “Others” category.

The total external disk market has revenues of $6 billion for the quarter. This implies a growth rate of 6.5% year-on-year. On a year-on-year basis, this growth rate appears relatively better, notwithstanding the difficult operating environment. The relatively modest growth is due to the strong demand in emerging markets, as well as increased demand for mid-range systems. Meanwhile, entry level systems were hit the hardest from their reliance on SATA and near-line SAS, which experienced price hikes from the Thailand floods. Looking at this chart, it seems that EMC has steady growth but not as spectacular from the previous quarters. It also showed that IBM has mixed growth, while HP has consistent growth for the last few quarters. On the other hand, Dell shows a decline for the period. To continue reading, click here.

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