In the first quarter, this year western digital company was possible to pass Seagate in a quantity of sold hard disks, although in terms of money the first place in this market segment as before is occupied by Seagate. Last week WD completed the financial year, after confirming its status of producer of the greatest quantity of hard disks.
Western digital corp Company showed the financial results for 2010 financial year and fourth quarter, which was completed on 2 July 2010. For the fourth quarter, the quantity of dispatched HDDs reached 49,7. The income of the company composed $2,4 billion, and clean profit reached $265 ml., or $1,13 per action.
Company obtained for the block of cash resources from the operations for sum of $363 ml. it gave in totality $2,7 billion cash resources and their equivalents. As it was declared earlier, company spent cash resources $233 ml to the purchase of HDD producer hoya corporation.
The income of the company in the financial year 2010 composed $9,8 billion, and clean profit $1,4 billion or $5,93 per action. In the financial year users are dispatched 194,4 ml HDD, which puts WD in the first place in the world in the quantity of sold disks. In 2010 reports were included the expenditures $14 ml, spent on the integration of silicon systems inc company ; and also $112 ml., spent on restructuring companies, with the compensation of taxes of $4 ml, and $18 ml income from the sale of production. In 2010 WD income increased by 32%, and operating profit grew by 194%.