WD also lowers forecast for revenue in the third quarter

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POSTER: computer news   ||   WD ALSO LOWERS FORECAST FOR REVENUE IN THE THIRD QUARTER	DATE:2012-09-14
Since Intel company lowered the forecast for revenue in the third quarter, a fall which could reach 15% of the planned amount, the manufacturer of components for computing platform also expect similar result. So, Western Digital official press release warned that from the planned revenue of $ 4.2-4.3 billion it will receive $ 3.9-$ 4.0 billion in the worst case, WD will forego $ 400 million, at best - $ 200 million .  Instead of the expected in the third quarter market drives in $ 157 million, the market will consume 140 million discs.  We would assume that WD and Seagate have created the conditions for the poor demand for hard disk drives, because their prices have not returned to pre-flood level.  However, the PC market in the third quarter was really poor, so that lower prices would not help the manufacturers to collect the required revenue amount. WD also reported on the adoption of plan to repurchase its own shares from holders of company securities  .   Related Products :

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