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NetApp Inc. (NASDAQ:NTAP)

About NetApp Inc. (NASDAQ:NTAP) NetApp, Inc. (NetApp) is a provider of storage and data management solutions. The Company offers solutions for storing, managing, protecting and archiving businessdata. NetApp’s products and services are designed to meet the requirements and service levels of large enterprises and their business applications. The Company offers storage solutions that incorporate its unified storage platform and the functionality of its data and storage resource management software. NetApp markets and sells its storage data management solutions directly through its worldwide sales force and indirectly through channel partners, such as value-added resellers, systems integrators, distributors, original equipment manufacturers (OEMs) and strategic business partners. On May 13, 2010, the Company completed the acquisition of Bycast Inc.


Statistics Symbol

NTAP

EPS:

1.50

Current Price

$56.22

Market Capitalization:

$20.32B

52 week range

$28.92- $59.79

Beta

1.45

Avg Volume

3.95M

P/E

37.57

Financials NetApp Inc. (NASDAQ:NTAP) engendered total revenue of $1.20 billion in current quarter’s ending as on October 29, 2010. Moreover, operating and net income have increased. Higher net income in current quarter resulted increasein EPSas compared to last quarter’s result. Cash flow from operations has also increased up to $542 million. It is 466.28 percent greater than last quarter’s ending. Increased CFOshows that the company generated more cash than its expenses. Total assets of company mount up to $7.23 billion as on October 29, 2010. Current assets claim to have the highest contribution in the total assets. Return on equity and return on assets both are increasing. Total liabilities and total equity stand at $4.03 billion and $3.20billion respectively.


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NetApp Inc