Feeds

Storage, recession and you

Shadows on growth as lay-offs hit the storage

Choosing a cloud hosting partner with confidence

Drive Array and drives

3PAR has made a quarterly loss and may be seeing a slackening of demand. Privately-held Pillar does not announce its financial results but it has just laid off 30 per cent of its workforce, anticipating a recession lasting through to 2010.

Isilon also made a loss in its latest quarter but a reduced one. It gave no guidance for next quarter or for the whole year. It has quite strong cash reserves and is rebuilding its business which will incline it to be reluctant to lay people off.

Drive supplier Western Digital showed quarterly revenues of $2.1bn, up 19 per cent year on year, and net income up by 33 per cent to $211m. But CEO John Coyne said: "The deterioration in the economy has led to a slowdown in both business and consumer spending... We have seen dampening of demand in the September quarter, and expect conditions of subdued demand to continue into the fourth quarter, the industry's traditionally strongest season." The company expects no revenue growth in the fourth quarter.

According to iSuppli the NAND flash market is expected to show a 14 per cent decline in revenues this year and a 15 per cent one next year, the first annual declines in its history.

Lastly, server adapter and array switching supplier Emulex is surprisingly upbeat. Q1 fy 09 revenues were $111.m, down 5 per cent year-on-year from Q1 fy08's $117.6m, one per cent sequentially. Net income of $7.1m ($0.9/share) was down over 30 per cent from Q1 fy08's $10.2m ($0.12/share). It is expecting flat or slighly increased revenues and net income in its next quarter. That's encouraging in the sense that it doesn't expect the situation to get worse.

®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
The cloud that goes puff: Seagate Central home NAS woes
4TB of home storage is great, until you wake up to a dead device
Azure TITSUP caused by INFINITE LOOP
Fat fingered geo-block kept Aussies in the dark
You think the CLOUD's insecure? It's BETTER than UK.GOV's DATA CENTRES
We don't even know where some of them ARE – Maude
Intel offers ingenious piece of 10TB 3D NAND chippery
The race for next generation flash capacity now on
Want to STUFF Facebook with blatant ADVERTISING? Fine! But you must PAY
Pony up or push off, Zuck tells social marketeers
Oi, Europe! Tell US feds to GTFO of our servers, say Microsoft and pals
By writing a really angry letter about how it's harming our cloud business, ta
BOFH: WHERE did this 'fax-enabled' printer UPGRADE come from?
Don't worry about that cable, it's part of the config
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Managing SSL certificates with ease
The lack of operational efficiencies and compliance pitfalls associated with poor SSL certificate management, and how the right SSL certificate management tool can help.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.