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 “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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