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HP No. 1 in Worldwide Total Disk Storage Systems Market with Strong Growth in EVA Disk Array Revenue
PALO ALTO, Calif., June 02, 2006
According to market data released by IDC today, HP has held the No. 1 position in midrange(1) worldwide external disk array revenue share for the third consecutive quarter(2).
In addition, the HP StorageWorks Enterprise Virtual Array (EVA) family has increased its external disk array revenue share for the fifth consecutive quarter. In the most recent fiscal quarter, HP EVA revenue grew 46 percent year-over-year(3).
In addition, HP held its No. 1 position in worldwide total disk storage factory revenue for the 16th consecutive quarter with 22.9 percent market share and 8.5 percent revenue growth year-over-year in the first quarter of 2006.
“The latest IDC results demonstrate that more customers trust HP with their data than anyone else,” said Bob Schultz, senior vice president and general manager, StorageWorks Division, HP. “HP’s storage business has delivered solid results over the last year, and we continue to compete aggressively in the storage marketplace and deliver cost-effective storage solutions that reduce complexity and increase agility.”
Also during the quarter, HP continued to hold the No. 1 market position in total open storage area network unit shipments with 21.0 percent share.
More information about HP StorageWorks offerings is available at www.hp.com/go/storageworks .
About HP
HP is a technology solutions provider to consumers, businesses and institutions globally. The company’s offerings span IT infrastructure, global services, business and home computing, and imaging and printing. For the four fiscal quarters ended April 30, 2006, HP revenue totaled $88.9 billion. More information about HP (NYSE, Nasdaq: HPQ) is available at http://www.hp.com.
(1) Midrange is defined as systems priced between $15,000 and $300,000.
(2) IDC, Worldwide Quarterly Disk Storage Systems Tracker, Q1 2006.
(3) Financial results for HP’s second fiscal quarter ending April 30, 2006.
This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to anticipated operational and financial results; statements of expectation or belief; and any statement of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the achievement of expected results and other risks that are described from time to time in HP’s Securities and Exchange Commission reports, including but not limited to the risks described in HP’s Quarterly Report on Form 10-Q for the fiscal quarter ended Jan. 31, 2006, and other reports filed after HP’s Annual Report on Form 10-K for the fiscal year ended Oct. 31, 2005. HP assumes no obligation and does not intend to update these forward-looking statements.
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