This summer, NetApp
That much is clear when you read NetApp's second-quarter earnings release. Sales held strong at $910 million, down a scant $2 million from the year-ago period. GAAP earnings landed at $0.27 per share, which is more than double the $0.13 per share of net income seen last year. Compare that to EMC, where sales fell 5% and the bottom line weakened by 24%. EMC's results were actually pretty good in their own right when you consider how the year-over-year comparisons span before and after the Panic 2008 special.
NetApp's figures are just better. Now who gets the last laugh?
And even without growing by acquisition, NetApp has plenty of fuel for its fires. Management credits a distribution partnership with IBM
Furthermore, NetApp is tying knots with lots of distribution partners, even if they’re signing separate deals with one another. That includes virtualization expert VMware
So NetApp is doing just fine without Data Domain, and the stock's 160% one-year return underscores that point. But is NetApp running out of rocket fuel? All-star CAPS player ajfabb calls NetApp "overbought," but others see the company as a buyout candidate. Join the discussion with a 100% free CAPS account today.