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Seagate completed the quarter with decline in revenue


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Seagate completed the quarter with decline in revenue


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POSTER: computer news   ||   SEAGATE COMPLETED THE QUARTER WITH DECLINE IN REVENUE

DATE:2013-07-25

The two largest manufacturer of hard drives yesterday reported on the results of the last quarter, and we would like to start with Seagate.  

Seagate avoided to mention the amount sold during the period hard drives instead was named the forecast of the total capacity of the market for the coming quarter - from 135 to 140 million.  In the last quarter all manufacturers, according to Seagate, produced about 132 million hard drives.  However, in a special section of the site Seagate yet published a document containing the requested information.  For the quarter, Seagate shipped 53.9 million hard drives.  In annual terms, the production volume increased by only 1%, while the average storage capacity for the quarter grew from 842 to 855 GB.

Total for the year were shipped 225.7 million hard drives.  Of the total 29.4 million units intended to corporate customers, 80.5 million were intended to owners of desktops, and 70.7 million units have been used in laptops.  External storage market targeted 45.1 million hard drives.

Seagate's revenue for the quarter was $ 3.4 billion - is considerably less than the $ 4.5 billion that were received in the previous year.  Operating profit in the last quarter was limited to $ 448 million attributable to owners of Seagate's net profit was $ 348 million should be noted that last year, it nearly topped $ 1 billion.  The rate of profit for the quarter was 27.4%, in the year - 27.5%.

Total for the year Seagate raised $ 14.3 billion, only slightly losing the previous year - $ 14.9 billion net profit also declined on an annual basis from $ 2.9 billion to $ 1.8 billion Speaking about the prospects of development, representatives of Seagate mostly referred to the possibility of growth in demand from the owners of data centers, servers, and corporations in general.  

In general, the head of Seagate urged the public to give up stereotypes when discussing the PC market.  Client devices are continually evolving over the past decades, is now spreading to tablets and smartphones, but that does not mean you have to talk about the death of the personal computer.


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Seagate completed the quarter with decline in revenue


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SEAGATE COMPLETED THE QUARTER WITH DECLINE IN REVENUE
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