NetApp (NASDAQ:NTAP) is down 8.7% after delivering weak guidance to go with its FQ2 beat. During its CC, the company noted strong Asia-Pac demand and a rebound in financial sector orders, and touted the rich feature set of the latest version of its Data ONTAP OS, but also voiced concerns about macro issues and Thai flooding. Oppenheimer (Perform) thinks "increased competition from Dell (DELL-OLD) and EMC" could also be an issue.