Tom Kraemer
Tom Kraemer
drivers growth key
The key growth drivers are all in place.
competition gain ibm share
Competition will intensify but IBM should be able to gain share as HP undergoes a Herculean integration task.
appliance believe boost competition face hugely major market network opportunity overall positive revenue software storage therefore
We think this will be an incremental boost to the overall network-attached storage market and is an incremental revenue opportunity for EMC, and therefore positive for EMC. We believe Network Appliance will face more competition from EMC, but we did not see any new major software that hugely disturbs what is occurring in this space.
caught current expected lower magnitude management
While we expected management to lower expectations for the current quarter, the magnitude of the reductions caught us by surprise.