brocade's financials

Financial Project: Brocade

According to an article about the Storage Area Networking industry posted on financial information provider, fool.com, the total size of the SAN market is expected to reach $4.6 billion in 2006. This is a dramatic increase in market size from a reported size of $1.2 billion in 2002. This increase will no doubt increase competition in the SAN industry. Currently, Brocade is the top contender in this market, and Brocade’s main competition comes from Cisco Systems and McData. While Brocade has the most market share in both the SAN switching and Fabric switch markets, it is #2 to McData in Director market share. Cisco Systems has a relatively low market share in all three markets mentioned, but it is also new to the industry and is expected to become a very strong contender. Other competitors listed in Brocade’s 10-K include Inrange and QLogic corporations, each with much smaller market shares.
Brocade began operations on August 24, ...