Corporate customers do not meet Seagate expectations in the last quarter

	xtreview is your : Video card - cpu - memory - Hard drive - power supply unit source

Recommended : Free unlimited image hosting with image editor

POSTER: computer news   ||   CORPORATE CUSTOMERS DO NOT MEET SEAGATE EXPECTATIONS IN THE LAST QUARTER	DATE:2015-10-31
The company Western Digital on the results of the quarter reported a day earlier than it did the main competitor -  Seagate company.    It is noteworthy that not the most impressive dynamics of financial performance in the quarter forced Seagate avoid in the official press release comparisons with previous quarters.  Indeed, total revenue declined from $ 3.78 billion To $ 2.93 billion. When compared to the first quarter of the previous fiscal year.  Net income was limited to $ 24 million.   CEO Steven Lucio explained that the decline in demand for hard drives from corporate customers in the last quarter exceeded producer forecasts .  It was from OEM-sector Seagate is dependent on 70%, based on the structure of revenue.  On the retail accounted for 12%, the remaining 18% accrue to distributors.  Stocks of finished goods in value terms at the end of the quarter increased by $ 160 million., Primarily because of the low demand for storage devices by corporate customers.  For the realization of these reserves products take at least two quarters. During the reporting period, Seagate has released 47.2 million. Hard drives,.  The total storage capacity of the brand reached 55.6 exabytes, and the average capacity of a single drive increased to 1176 GB.  The average selling price per unit of output was limited to $ 58.  Chapter Seagate said in a sequential comparison growing demand for 2.5-inch drives used in laptops and game consoles.  This same trend is observed and the leadership of Western Digital. In the next two to three quarters Seagate expects to rectify their financial situation, expecting a positive effect on the completion of the merger with the core business  Samsung and other measures.  Divide increased by 17%, and that in itself demonstrates the company's confidence in its own future.  By the summer  Seagate expects  margins to return in the range of 27-32%. Related Products :

	xtreview is your : Video card - cpu - memory - Hard drive - power supply unit source

Xtreview Support N-Post:xxxx Xtreview Support	CORPORATE CUSTOMERS DO NOT MEET SEAGATE EXPECTATIONS IN THE LAST QUARTER
	Please Feel Free to write any Comment; Thanks

Related news:

Asus tries to attract customers to motherboards based on Intel X299 with free toys (2017-06-28)
Toshiba Memory is unlikely to have time to negotiate with customers today (2017-06-28)
AMD forms its plans based on the wishes of customers (2017-05-20)
HP Inc. Is one of the top three AMD customers (2017-04-30)
HP tries to attract corporate customers to virtual reality (2017-04-14)
Customers all over the world are interested in more expensive smartphones (2017-04-07)
In the first quarter, Tesla shipped customers a record 25,000 electric vehicles (2017-04-03)
Tesla will deprive customers of the opportunity to purchase the most affordable version of Model S (2017-03-20)
AMD will talk about motherboards Ryzen to customers of retail chains (2017-01-28)
TSMC is ready to lure 12-nm process technology customers (2016-11-29)
New customers are wary of Samsung batteries (2016-11-24)
The number of customers in the direction of AMD custom-made products will increase (2016-10-21)
Meizu for business customers in the photo (2016-08-29)
Intel provides its ARM customers with the power to release 10-nm products (2016-08-17)
Among the new AMD customers in custom direction are not just game consoles manufacturers (2016-07-22)
Intel is already shipping Kaby Lake processors to its customers (2016-07-21)
AMD managed to get three new customers in the custom-made solutions (2016-04-22)
Intel is already shipping to customers Xeon hybrids samples and FPGA (2016-04-20)
TSMC already has 20 customers on projects with 7 nm (2016-04-16)
Customers will receive the first commodity copies Oculus Rift next Monday (2016-03-26)

Post Quick Reply:

                                        
Verif code:

                 

computer news computer parts review Old Forum Downloads New Forum Login Join Articles terms Hardware blog Sitemap Get Freebies