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Stock impact report

Is NetApp, Inc. (NTAP) The Best Hardware Stock To Buy Now? [Yahoo! Finance]

NetApp, Inc. (NTAP) 
Last netapp, inc. earnings: 2/12 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.netapp.com
Company Research Source: Yahoo! Finance
The computer hardware industry comprises personal computers, PC peripherals, storage devices, and servers for the high-growth data center industry. According to a report by The Business Research Company, the computer hardware industry was valued at $714.8 billion in 2024 and is expected to grow at a compound annual growth rate of 6.5% to reach $761 billion by 2025. The market is expected to expand further at a CAGR of 6.3% to reach $972 billion by 2029 eventually. The historic growth factors including the globalization of the supply chain, the rise of the internet, and the revolution in personal computing are still valid. It has been further boosted by the latest trends such as edge and quantum computing, the rise of AI and data centers, and hybrid and multi-cloud environments. The global PC market is one of the largest components of the hardware industry. According to a January 9 report by IDC, the PC shipments grew 1.8% during Q4 of 2024, with global volumes reaching 68.9 million Show less Read more
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