Exactly one week ago on the first calendar quarter this year, Western Digital company reported about financial result for Q1 2013 . Now is the time for Seagate. WD has not included in the statement of revenue and profit Hitachi GST, while Seagate count revenues made by its Samsung HDD-division . Looking ahead, we note that Seagate revenue of $ 100-200 million surpassed analysts' expectations and the company's own forecasts.
Against the background of WD quarterly revenue of $ 3.76 billion and net income of $ 391 million Seagate similar figures were respectively $ 3.53 billion and $ 416 million, with annual revenue decline occurred at the level of 20.76%, and the quarterly - by 3.87%. Most of all there was a reduction of net income of the company. A year ago, Seagate's quarterly profit was $ 1.15 billion in the current reporting period, net income declined to $ 416 million as the company did not disclose quarterly HDD shipments . Later, in an interview with Reuters Financial Officer Seagate said that in the first quarter were shipped 55 million drives. The previous quarter, for example, Seagate has shipped 58 million drives. WD Company, in the first quarter shipped 60.2 million drives. In this period the market has absorbed about 135 million HDD, then the share of Toshiba was about 20 million drives.
10% of Seagate company sold HDD went to the creation of cloud services, and earned 20% of the total revenue. Related Products :
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