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Last quarter, Seagate hard drives sold less than the main competitor

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Last quarter, Seagate hard drives sold less than the main competitor

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Seagate is not so concerned with the measurement of market share and therefore confined to the publication of absolute figures. In the manufacturer calendar,    the first of January this year has completed the second quarter  2016 fiscal year, so the signature in the tables should not mislead you.


The amount shipped in the period decreased as the hard drive in a sequential comparison, and the annual - to 45.9 ml Pieces. The average capacity of the hard disk has reached 1320 gigabytes. If the measured total capacity shipped drives, it grew by 10% in the quarterly comparison, reaching 60.6 exabytes. In the corporate segment, the total capacity of hard drives shipped increased by 21%, indicating a shift in demand towards "cloud" storage and server systems. In this segment, the average capacity of the hard drive Seagate has reached 2.2 terabytes. In fact, now the hard drives for client PC form only 35% of  Seagate revenue, but the company, this trend is not particularly worried - it claims that 95-97% of the world's processed data is still stored on   hard drives.

 Seagate Revenue, which in the past quarter was $ 2.986 billion., Also shows a downward trend as  profit rate  . However, in the last quarter there was a slight "bounce" up. As a competitor, Seagate is trying to optimize costs in order to increase profitability. By the way, the head of Seagate criticized the deal for Western Digital to purchase  SanDisk. According to him, the financing scheme of the transaction at the expense of borrowed funds involves too much debt servicing costs, and he prefers that Seagate in the area of solid-state drives to work with multiple partners, as well as to invest in the development of related decisions, but not to buy the assets of other market participants. By the way, from the sale of solid-state drives, and other enterprise-class Seagate products in the last quarter it has gained no more than $ 259 million. - Less than 10% of total revenue for the period.

Seagate's net income last quarter did not exceed $ 165 million. - More than a quarter earlier, but not much compared to other periods of the previous year.

The company sells a quarter to half a million hard drives with a  speed of 15,000 rev / min. Seagate noted an increase in demand for hard drives for video surveillance systems and video processing, increasing the average hard drives volume in the gaming and retail segments. The company began volume shipments of hard drives in volume 8 TB and 10 TB storage volume for use in data centers, which are filled with helium. The corporate sector this year should show good growth, as the head of the company sums up.


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Last quarter, Seagate hard drives sold less than the main competitor

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