Seagate began to sell fewer hard drives, but its all right

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POSTER: computer news   ||    SEAGATE BEGAN TO SELL FEWER HARD DRIVES, BUT ITS ALL RIGHT	DATE:2017-04-27
The season of quarterly reports this month is opened by manufacturers of hard drives, as other developers of computer components will report in May, more than a month after the end of the first calendar quarter.  The company Seagate laid out all the illustrative material before the main competitor, although he is delivering a report today.  For several quarters we have seen not always successful attempts by hard drive manufacturers to adapt to new market realities, and Seagate's fresh quarterly report allows us to hope that at least this company has something to start with. Let's start with the fact that for the first time Seagate decided to hide from the shareholders and investors such a classic indicator as the number of hard drives shipped for the quarter.  It had not previously appeared in press releases, timidly mentioned in the speeches of company representatives before analysts and hiding in the tables of illustrative material.    Simple arithmetic operations make it possible to know that Seagate shipped 36.4 million hard drives in the last quarter.  The slide from the Seagate presentation for the last quarter makes it clear that this is almost as little as in the second calendar quarter of last year (in the table this is the fourth quarter of 2016 fiscal year). In any case, the rate of profit rose to 30.5%, and at a close level it was only in the previous quarter.  Net profit of $ 194 million is also not a bad result, and revenue grew by 3% to $ 2.7 billion a year. Seagate sells less hard drives, but their volume and average selling price are rising.  So, the total capacity of the released hard drives for the year increased by 18%, the average capacity of the drive - by 27%, and the average price increased by 10% to $ 67.  The highest revenue Seagate provides models of hard drives with 8 TB for data centers.  However, the PC market brings the company 25% of revenue, which is quite a lot. Related Products :

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