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NetApp Thailand Data Centre Capitalization

|Includes:NetApp, Inc. (NTAP)

NetApp Inc. (NASDAQ: NTAP) Q4 FY13 outlook is bullish for investors. Growth in the company's current revenue appears to have helped boost its earnings per share. The company expects to capitalize and grow by 50% this year investing in Thailand, in the data centre industry. NetApp expects to outpace the overall storage industry growth. Weera Areeratanasak, country manager of NetApp Thailand, stated "This is our biggest investment in Thailand in four years." NetApp's investment in Thailand will go towards hiring staff, expanding a local office and setting up a demonstration centre for new technologies. NetApp's net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Computers & Peripherals industry...

benzinga.com/markets/13/04/3524437/netapp-thailand-data-centre

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: NTAP