Computer Systems, Storage & Related Semiconductors - Industry Report
"Hitachi announced impressive storage results for its June 2006 quarter. Total storage revenue was 77 billion yen, up 22% Y/Y (down 12% seq.). This growth rate is more than twice the 10% growth rate that EMC experienced in 2Q06. Below we incorporate
additional information from our conversations with the company." (31-Jul-2006)
Lowering Estimates and Price Target on EMC Due to Weakness in Europe
"Competition with Hitachi and NTAP continues to be fierce, with recent momentum by Hitachi continuing to hurt EMC. , "We believe that EMC is experiencing weakness worldwide – in Europe, the U.S. and Asia , ... "One supplier of EMC product said that April was the worst EMC-related month in 18 months ,
"New CX3 not a "wow" product." (28-Jun-2006)
Interview with HDS' EVP of Wordlwide Sales, Marketing and Support
"Good Calendar 4Q. We recently met with Scott Genereaux, HDS' EVP of Worldwide Sales, Marketing and Support. He presented at our conference in San Francisco. Hitachi just reported very strong storage results for calendar 4Q05, with storage revenue of 89 billion yen, up 13% Q/Q in a quarter which is
typically down. Mr. Genereaux attributed this strength to increasing market acceptance of Hitachi's virtualization solutions." (16-Feb-2006)
Hitachi - Strong Q4 Shows EMC Facing Strong Competition
"Hitachi reported results last night which showed continued strength in the storage system segment. Hitachi's SAN/NAS (storage system/related) segment grew to ¥89 billion. This is up 13% sequentially, a far greater percentage increase than Hitachi experienced in prior December quarters. Hitachi actually posted 2% sequential declines in this segment in the December 2003 and December 2004 quarters, so being up
13% is quite impressive." (03-Feb-2006)
