Citing improving margins and a favorable hard drive supply/demand balance, Argus has upgraded Seagate ( STX +3% ) to Buy. Archrival Western Digital ( WDC +2.2% ) is also rallying. Seagate had a 28% GM in its December quarter
and #5 Asus' 20 bps to 5.9%. The Q1 numbers suggest IDC's prior full-year forecast for a 6% shipment drop might prove too pessimistic. Other companies with strong PC exposure: AMD , NVDA , MU , STX , WDC , HTCH Post your comment!
By Russ Fischer : I started out writing an article I intended to title Micron ( MU ): from zero to hero in 18 months. As I developed the timeline and players, I realized that this is a longer story, involving more than just Micron. The starting point for the story is January 2006 when the Intel (
drives are aimed in large part at this segment. The market for high-margin performance-optimized drives, where Seagate ( STX ) has a leading position, is expected to see a -4.9% CAGR. In addition, the segment's ASP is expected to fall 17.1
Seagate's ( STX ) $294M purchase of hard drive equipment/storage subsystem maker Xyratex ( XRTX ), announced on Dec. 23, is officially on
By Renu Singh : It looks like Western Digital ( WDC ) is stealing a march on its arch-enemy Seagate Technology ( STX ). The first evidence of this fact can be seen in the share price performance of the two companies. While Seagate is down more
By N Stollon : Being an electrical engineer by trade, I find myself looking at electronics technology companies often as not, since I have known many of them over time as a customer, supplier, or competitor. What follows is a discussion of a portfolio of electronics related technology companies I
Seagate ( STX +2.8% ) chairman/CEO Stephen Luczo, a member of Microsoft's ( MSFT +2.7% ) board since May 2012, has stepped down
SEATTLE, March 20 (Reuters) - Microsoft Corp said on Thursday Steve Luczo stepped down from its board of directors so he can focus on his job as chief executive of digital storage firm Seagate Technology Plc.
By Bottom Up Investing: Seagate Technology PLC ( STX ), the hard disk drive provider ..... in PC sales has slowed recently, STX should continue to be adversely ..... presence in SSDs and SSHDs. Also, STX is forecasted to continue to generate