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Top Disk Storage Vendors See Revenue Declines
Sales of disk storage systems saw an 18.2 percent decline in the first quarter of 2009, compared to the prior years first quarter, according to market researcher IDC.
"The disk storage system vendors are really seeing the impact of the global economic downturn in the first quarter revenues," said Steve Scully, research manager, Enterprise Storage at IDC.
"However, while total revenues declined year over year, the overall storage capacity shipped continued to grow. These contrasting results are due to a combination of currency implications, lower overall sales, shifts in product mix, and aggressive pricing actions."
EMC held on to its lead in the disk storage systems market with 20.7 percent revenue share in the first quarter, followed by HP and IBM in a statistical tie for the second position with 11.5 percent and 11.3 percent revenue share respectively. Dell and Hitachi finished the quarter...
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