Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 07 August 2007 07:57

WD reports loss for 2nd quarter of 2007

Written by David Stellmack
Image

Ramp up for PMR noted as factor for the loss


Western Digital announced a loss of US$21 million on $187.2 million in revenue, compared to a profit of US$40.3 million on US$233.6 million in revenue for the second quarter of 2006.

WD blamed market pressure as well as low sales volumes as part of the reason for its drop in revenue and profit. In addition, Komag (which has been announced as a WD current acquisition) attributed the high cost of ramping up perpendicular magnetic recording (PMR) as contributing to its less than stellar results this quarter.

WD shipped an impressive 25.8 million hard drives in the second quarter, in which 40% of all hard drives went to Western Digital. (Seagate only accounted for 34% and 18% went to Hitachi GST.) In a surprising turn of events, 55% of all of the hard drives sold were at least 160GB in size and many of these were destined for use in consumer applications such as DVRs, PVRs, gaming consoles, and external storage devices.

The acquisition of Komag by WD should be completed during WD’s current quarter.

Last modified on Tuesday, 07 August 2007 09:26

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments