Feeds

Storage, recession and you

Shadows on growth as lay-offs hit the storage

Beginner's guide to SSL certificates

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.

®

Security for virtualized datacentres

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
CAGE MATCH: Microsoft, Dell open co-located bit barns in Oz
Whole new species of XaaS spawning in the antipodes
AWS pulls desktop-as-a-service from the PC
Support for PCoIP protocol means zero clients can run cloudy desktops
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.