Tuesday, May 22, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Mark Zuckerberg Apologizes to EU, But Made us not any wiser
ARM Previews Project Trillium Machine Learning Core
Plextool NVMe Edition Released
NHK Showcases Thin 88-inch 8K OLED Screen, Bendable OLED
Redbox Launches 4K Ultra HD Rentals in Six Markets
Samsung Opens Global AI Centers in the U.K., Canada and Russia
MediaTek Unveils New 12nm Helio P22 Chipset to Power Mid-Range Smartphones
Intel's Powerful 8-core Mainstream Processor Appears in SISoftware Benchmarks
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > PC Parts > WD Beat...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 26, 2012
WD Beats Seagate This Quarter


Western Digital has maintained its leading position for the quarter ended June 2012, in terms of HDD shipments and revenue.

WD reported revenue of $12.5 billion and net income of $1.6 billion, or $6.58 per share for fiscal year 2012, compared to fiscal 2011 revenue of $9.5 billion and net income of $726 million, or $3.09 per share.

On a non-GAAP basis, fiscal 2012 net income was $2.1 billion or $8.61 per share, compared to fiscal 2011 net income of $770 million or $3.28 per share. Both the GAAP and non-GAAP fiscal 2012 results include results from the company's newly acquired HGST subsidiary from the acquisition date of March 8 through the end of fiscal 2012.

For its fourth fiscal quarter ended June 29, 2012, the company reported revenue of $4.8 billion, hard-drive shipments of 71.0 million and net income of $745 million, or $2.87 per share.

Rival Seagate reported revenue of $4.5 billion and hard-drive shipments of 66.0 million units.

"Fiscal 2012 was one of the most challenging and exciting years in our 42-year history," said John Coyne, CEO. "While responding to two major natural disasters and completing the largest acquisition in the history of the industry, we achieved year-over-year revenue growth of 31% and more than doubled earnings per share.

"In the June quarter, demand was in line with our forecast as industry shipments reached 157 million units, bringing total HDD shipments for the year to 599 million units. Our WD and HGST subsidiaries both performed ahead of plan in Q4, delivering great products with consistent execution, resulting in strong revenue growth, gross margin and cash flows."

Following the Thai flood, WD had lost its #1 ranking for a while, as last quarter Seagate recorded 47% more revenues and 37% more HDDs shipped than its competitor.

Now the company is well positioned to keep this first place for several quarters. Seagate was dominating this business for several years but is no more the leader of the disk drive industry.


Previous
Next
New Service Outage Hit Twitter        All News        Nokia Scraps Meltemi Software: report
Fujitsu To Stop ManuFacturing Chips     PC Parts News      Apple Leads in Global Chip Spending

Get RSS feed Easy Print E-Mail this Message

Related News
Backblaze's Q1 2018 HDD Reliability Stats for Q1 2018
Western Digital Pushes Conventional Magnetic Hard Disk Tech to its Limits in New 14TB Ultrastar DC HC530
Toshiba Releases New Surveillance, Video Streaming Laptop and Desktop Hard Drives
Western Digital Releases New Gaming SSD with NVMe Performance
Western Digital Debuts Hybrid-Cloud Backup and Recovery Solution with StorReduce Software
Western Digital to Inject $4.6bn in Toshiba Memory
MWC: Western Digital Releases 400GB SanDisk Extreme microSDXHS, Demos PCIe-enabled SD card and New NVMe SSDs
Toshiba Reveals Fresh Canvio Portable Hard Drive Models
Seagate Showcases New Mobile Data Storage Solutions at CES 2018
Showa Denko Starts Shipment of 3.5-Inch 1.5 TB HD Media
WD Announces New Line of SanDisk 3D iNAND Embedded Flash Devices
Western Digital Provides Its Aspect on Latest Developments Related to the Sandisk JV with Toshiba

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .