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Seagate lowers quarterly revenue forecast
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POSTER: computer news || SEAGATE LOWERS QUARTERLY REVENUE FORECAST |
DATE:2012-09-24 |
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Western Digital company has lowered the forecast for revenue: instead of $ 4.2-4.3 billion it expects to receive only $ 3.9-4.0 billion of the total hard drives market in the third quarter will not exceed 140 million units. Seagate has also lowered on Friday earnings forecast for the current quarter. If it was expected that Seagate gain for the period will be approximately $ 4 billion, but now the amount is reduced by 5-7%. The market capacity will reach 140 million units. Seagate's market share should remain at the level of 40-43%. Recall that with WD, Seagate own more than 90% of market share, the remaining interest are for Toshiba. | ||
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SEAGATE LOWERS QUARTERLY REVENUE FORECAST |
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