NetApp (NTAP) S-3ASR Automatic shelf registration

EXHIBIT 12.1

Exhibit 12.1- Ratio of Earnings to Fixed Charges Exhibit

	Six Months Ended		Fiscal Year Ended
	October 26,		April 27,		April 29,		April 30,		April 24,			April 25,
	2012		2012		2011		2010		2009			2008
Earnings before fixed charges:
Net Income	$	173.4	$	605.4	$	673.1	$	400.4	$	64.6		$	309.8
Income tax provision (benefit)		28.5		107.0		121.0		46.6		(56.3	)		73.0
Income before Income taxes	$	201.9	$	712.4	$	794.1	$	447.0	$	8.3		$	382.7
Fixed Charges computed below		50.7		105.2		99.8		93.3		83.2			23.0
Earnings before fixed charges	$	252.6	$	817.6	$	893.9	$	540.3	$	91.5		$	405.7
Ratio of Earnings to Fixed Charges		5.0		7.8		9.0		5.8		1.1			17.7
Interest Expense	$	39.7		74.7		75.9	$	74.1	$	63.4		$	8.0
Interest portion of rent expense (a)		11.0		30.5		23.9		19.2		19.8			15.0
Total Fixed Charges		50.7		105.2		99.8		93.3		83.2			23.0

(a) represents the portion of expense estimated by management as implicit interest expense