Sunday, November 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ASTC Says 100 TB HDDs Coming in 2025
Alienware Alpha PC Gaming Console Now Shipping
Samsung Files ITC Complaint Against Nvidia
Europe To Ask Google Unlink Its Commercial And Search Services
Streaming TV Service Aereo Files for Bankruptcy
Square Launches Cash Register Service
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
Intel-Micron 3D NAND To Have 32 Layers, 256Gb Per Die
Active Discussions
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
How to generate lots of different CDs quickly
 Home > News > General Computing > Western...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, October 27, 2003
Western Digital Announces First Fiscal Quarter Results


Following the successful integration of its newly-acquired head manufacturing operations and reflecting continued excellent operational execution, Western Digital has reported revenues of $714 million on shipments of 11.3 million units, and net income of $5 million, or $.02 per share, for its first fiscal quarter ended Sept. 26, 2003, including the impact of the Read-Rite asset acquisition. Excluding this impact, net income would have been $53 million, or $.25 per share.1

Revenues grew 23 percent and unit volume 31 percent from the year-earlier amounts, fuelled by the company's leadership position in the desktop PC hard drive market and its participation in new markets for hard drive technology. Unit shipments into the personal entertainment markets for game consoles and digital video recorders totalled approximately 1.1 million. In first quarter fiscal 2003, Western Digital reported revenue of $583 million on shipments of 8.6 million units, and net income of $22 million, or $.11 per share.

"Our first quarter performance attests to our continued focus on sustained profitability, strong execution and product positioning in the desktop PC hard drive business, and our rapid integration of the acquired Read-Rite assets," said Matt Massengill, chairman and chief executive officer. "The head operation is meeting or exceeding every one of our operational goals and is on target to be accretive to our financial performance in the December 2003 quarter."

"We saw strong demand toward the end of the quarter as our customers prepared for the year-end season and we continued to grow our business in Asia-Pacific, the fastest growing region in the world for desktop PCs. Asia-Pacific represented 32 percent of our Q1 revenue, compared with just 19 percent in the year-ago quarter.

"We continue to be the leading hard drive supplier in the deployment of Serial ATA technology in the enterprise space and we were pleased to announce that Dell Inc. is offering its customers Western Digital's enterprise-class WD RaptorTM drives on its PrecisionTM workstation and DimensionTM PC models."


Previous
Next
Multimedia drive GO-M1600A by Gigabyte        All News        The new MSI Platform PT880 Neo
USB 2.0 controller for flash disks – the SiS150 by SiS (2)     General Computing News      USB2.0 DVD/TV Recorder with Hardware MPEG2 Encoder by Yuan

Get RSS feed Easy Print E-Mail this Message

Related News
Western Digital SmartWare Pro Backup Utility
HDD Prices Remain High Despite Industry Recovery From Flood
WD Moves to NASDAQ
WD Reports Q2 Results, Progress In Thai Flood Recovery
WD And Seagate Slash HDD Warranties
Transfer of Hitachi's Hard Disk Drive Business to Western Digital Pushed Back For March
Western Digital Resumes Hard Drive Production in Thailand
Europe Clears Western Digital's Acquisition of Hitachi's Hard Disk Drive Business, Subject To Conditions
Hard Disk Drive Shipments to Plunge 30 Percent in Q4
WD's Thailand Manufacturing Plant Flooded
HDD Production Impacted by Thailand Floods
WD's HDD Facilities In Thailand Hit By Flooding

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .