NetApp Earnings Preview: Services To Continue Growth, Storage Flash Arrays To Drive Product Sales

The company expects OEM revenues to decline at 30-40% through fiscal 2015. On the other hand, NetApp?s branded revenues are expected to continue to grow through the end of the calendar year, owing to the seasonal rise in product demand from the U.S. government, one of NetApp?s major clients. The company expects its Q2?15 revenues to be around $1.54 billion, which is roughly flat over the prior year quarter revenues.