IDC reports on storage growth
For all the bluster from IBM that accompanied IDC's storage hardware report, the worldwide quarterly disk storage tracker for Q1 2007 from IDC told the same old story: EMC in the lead in the storage market with revenues of $912 million, virtually even with the same quarter last year (where IDC shows its revenues at $911 million).
Hewlett-Packard (HP) lost 1% in revenue, but topped IBM in second place with $575 million in revenue. However, in terms of market share, IDC put HP and IBM in a "statistical tie" at 13.4% and 12.7% revenue share, respectively. EMC was sitting pretty at 21.2% market share but IDC also gave it some bad news. Systems costing less than $50,000 accounted for the majority of the overall market's 5.9% growth from a year ago to $4.3 billion in revenues, according to analyst Brad Nisbet, who was quoted in a press release.