In the second calendar quarter, Seagate took off first place in the market of hard disk drives. Western Digital Corp. can be proud of - in spite of all natural disasters, they sold 71 million hard drives, which is about 5 million more than Seagate company .
During the reporting period, WD received $ 4.8 billion in revenues and $ 745 million profit. A year ago, for comparison, for the same three months , the company sold for $ 2.4 billion and operating profit was $ 158 million , the number of HDD sold last year was very good - 53.4 million units.
In general, for the fiscal 2012 and the second calendar quarter for WD completed during this period, the company's revenue reached $ 12.5 billion against $ 1.6 billion net profit. Revenue growth was an impressive rate - by 31 points (fiscal 2011 brought the company $ 9.5 billion in revenues and $ 726 million profit). Add to the report in 2012 the sale of HGST company, which became a division of WD.
Seagate does not override the fact that WD is fully satisfied with the current market drives price situation. During the press conference, it was stated that WD has decided not to restore the damaged water production to previous levels. Instead of the planned recovery of submerged factory the amount of $ 650 million the company spends about $ 400 million .In practice this will mean that the volumes of hard disks will be restrained under one pretext or another, that will freeze the retail prices of HDD.