Storage devices take spotlight in computer industry; with focus on data access, growth likely to outstrip PCs and servers

Article Abstract:

The computer storage device industry is poised to sustain better growth through the year 2000 than either servers, mainframes or PCs, doubling its annual revenue from $4.6 billion to an estimated $87.1 billion in 2000. Analysts attribute the growth to the increasing amount of data that corporations are compiling on their customers and to the storage demands associated with the significant growth in the number of World Wide Web sites. Manufacturers of storage devices are competing with each other to develop network-storage products that can complete the rudimentary functions presently handled by servers and other networking equipment. Analysts speculate that the sales of servers will increase only 13% per year until 2000, with a significant percentage of sales going instead to vendors of storage devices.

Industry trend, Market trend/market analysis, Data storage device

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EMC trims forecasts on tech slowdown

Article Abstract:

EMC Corp.'s 2000 revenue was $8.87 bil. The computer storage device maker set a revised $12 bil revenue goal for 2001. Previously the company had set an upper target of 38%. The new figure comes in at 35%, and has a 'provided there isn't a recession' caveat. EMC said dot-com related sales have gone from 6%-12% of sales per quarter to nearly zero. Other tech companies are postponing purchases as the U.S. economy slows. EMC says larger financial-services and telecom businesses are still increasing their storage capacity.

Statistical Data Included, Hard disk drive, Hard disk drives, Company business forecast/projection, Company forecasts

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EMC Corp. net advanced by 54% in fourth quarter

Article Abstract:

EMC Corp. claims it doesn't get enough respect even though it shows constant gains such as the impressive 54% fourth quarter earnings increase. In the $10.1 billion corporate data storage market, the company's market share went up to 32% compared with 28% one year ago while competitor IBM dropped from 24% to 20%.

Comment:

Company is a consistently good performer

Computer industry, Finance, Abstract, Information storage and retrieval

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