NetApp To Miss Its Revenue Growth Projection, Says CEO. Slowdown Is "Like A Nuclear Chain Reaction"

NetApp Inc. CEO Daniel J. Warmenhoven tells BusinessWeek that he thinks the corporate data storage maker's sales for the year

NetApp Inc. CEO Daniel J. Warmenhoven tells BusinessWeek that he thinks the corporate data storage maker’s sales for the year “won’t be anywhere near our [projected] growth rate.” The company, which has not previously disclosed news of the slowdown to investors or in government filings, told analysts last March that it expected to grow top-line sales 15% in the year that ends next May 31.

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