Tuesday, April 24, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Xiaomi Takes the Lead in the Indian Smartphone Market
Youtube Details Video Removal Figures
Google Parent Alphabet Reports Strong Ad Sales and Costs
SK Hynix First Quarter Profit Hit by Slower Mobile Chip Growth
First-Quarter Lobbying Expenditures: Google, AT&T, Comcast and Comcast Remain Top Spenders
Samsung Launches Six Original Series on Samsung VR Video Service on Gear VR
Facebook Says Users Are Not Products, the Social Network Is
European Regulators Investigate Apple's Proposed Acquisition of Shazam
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 > General Computing > Maxtor/...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, February 02, 2002
Maxtor/HDD industry looking more attractive


A recent report from investment firm, Bear Stearns (NY, NY) on the economic future of Maxtor, in particular, and the hard drive industry overall, offers some significant reason for optimism for the long-struggling industry.

"While the disk drive business has been a volatile and cyclical industry, we see the potential for better economics owing to both cyclical (potential for better unit demand) and secular (fewer competitors, less incentive to price aggressively for market share) factors." This positive assessment reflects the core message of the Bear Stearns report entitled, "Turnaround Play In An Industry That Can Get Better," but there are also a number of caveats attached.

For example, the report warns against expecting an immediate recovery, as "the near-term outlook remains weak." Much also hinges on the timeframe in which the anticipated market for consumer electronics applications actually materializes. Still, the HDD market may be very close to its cyclical bottom. Market research firm, IDC, projects the drive market to grow roughly 13% in 2002, following a unit decline of 7% last year.

Maxtor, itself, get's mixed reviews. On the plus side, Bear Stearns expects the company will benefit in the long haul from new products and opportunities in both the enterprise and consumer markets as well as from the cost reductions associated with integrating the acquired operations of Quantum HDD. But, it also notes that Maxtor is currently unprofitable and forecasts losses will continue through the first quarter of 2003.


Previous
Next
Plextor PX-W4012TA out in Japan!        All News        Films to be Released in new (D-VHS) format
Toshiba introduces the first 5400 RPM 2.5-Inch HDD Family with industry-leading areal density in 9.5mm     General Computing News      Fujitsu Enterprise hard disk drives approved by Intel

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Maxtor Announces 1.5TB Storage Solution
Seagate Introduces New Maxtor Desktop and Notebook Hard Drives
Seagate Seen Buying Maxtor
New Maxtor OneTouch Solution Hits a Terabyte
Maxtor Intros 3Gb/S SATA II Hard Drives
Maxtor Bypasses PC with Home Network Drive
Maxtor Unveils 500GB Hard Disk
Maxtor won't think small after all
Maxtor offers OneTouch II external drives
Maxtor Unveils New Ultra16 Hard Drive Kits
New Maxtor OneTouch II Drive Raises the Bar In Consumer Backup
Maxtor Rethinks Warranty to Stay Competitive

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 .