SOURCE: Wall Street Equity Research

Wall Street Equity Research

August 31, 2010 09:07 ET

Professional Research on Brocade Communications Systems and NetApp - The Ups and Downs of the Data Storage Devices Industry

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 31, 2010) -  www.wallstreetequityresearch.com allows shareholders to gain full understanding of the economic and market forces influencing the data storage devices industry, and offers free research on industry players Brocade Communications Systems Inc. (NASDAQ: BRCD) and NetApp Inc. (NASDAQ: NTAP). Register today at www.wallstreetequityresearch.com to receive free research reports on these companies.

The data storage and devices industry is showing mixed results recently, and quarterly earnings have been up and down. Brocade Communications Systems Inc. posted earnings of $22 million for the quarter on the back of growing revenue as compared to a loss of $23.5 million in the same quarter last year. Additionally, NetApp Inc. saw its profits jump to $142 million with revenue climbing to $1.14 billion as opposed to 2009 figures. While there has been some positive news due to businesses increasing their information technology budgets, profit margins for some companies in the industry have decreased due to an increase in production costs. Another problem or boon, depending on how companies adapt to the marketplace, is the strong emergence of cloud computing. Shareholders and investors can sign up today at http://wallstreetequityresearch.com/August312010BrocadeCommunicationsSystemsInc.(BRCD)310810.php or http://wallstreetequityresearch.com/August312010NetAppInc.(NTAP)310810.php to download the full reports on Brocade Communications Systems Inc. and NetApp Inc.

www.wallstreetequityresearch.com is a specialized website where investors can have complete access to free reports on data storage devices industry; traders looking for analyst opinions on Brocade Communications Systems Inc., NetApp Inc. and other players in the industry are welcomed to sign up for a free one year membership at http://www.wallstreetequityresearch.com/.

Companies currently positioned in the cloud computing business are faring much better, as many customers are shifting away from purchasing expensive software, and the hardware necessary to run it, and are moving toward cloud computing. This is proving beneficial to the data storage industry, as it has increased the amount of data needed to be stored centrally, however, companies that have branched out into software development may be negatively impacted. Companies in cloud computing niche are also benefitting from partnership deals with large companies, as many now see cloud computing as the next big thing in information technology. Visit us at http://www.wallstreetequityresearch.com/ to understand the catalysts and forces driving or affecting data storage devices stocks.

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Wall Street Equity Research looks to bring simplicity and highly sophisticated research to an ever-changing investing environment. Wall Street Equity Research has been partnering with a number of North American and Emerging Economies analysts to bring you the best of both continents in terms of market analysis and analytical opinions. 

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