News
 

Bookmark and Share

(0) 

Western Digital Corp. managed to outsell its arch-rival Seagate Technology by over six million hard disk drive units in the second calendar quarter of 2013 (which equals to Q4 FY2013 of Seagate and WD) as the total available market of HDDs contracted by 2% - 3%, to roughly 132 – 133 million of units. Still, Seagate continues to lead lucrative enterprise hard drive market as well as higher average selling prices.

Traditionally, sales of hard disk drives in the second calendar quarter are up by 3% - 7% sequentially. However, this year the declining market of personal computers significantly affected the markets of PC components and the hard drive market contracted by 2% - 3%, to approximately 132 – 133 million of units in the quarter. Not surprising that shipments of hard disk drives also lowered at Seagate, Toshiba and Western Digital. The latter managed to report the lowest decline among all three manufacturers.

The Gap Is Closing

During the second quarter of 2013, Seagate sold around 53.8 million of hard drives in total with average capacity of 855GB per drive and with approximately $63.5 average selling price, according to the company’s financial report. Seagate’s unit shipments declined by 1.9 million.

Western Digital managed to sell 59.896 hard drives in calendar Q2 2013 (Q4 FY2013), or about 280 thousand lower than in the previous quarter. Average capacity of a WD HDD was 797GB, average selling price was circa $60 per unit, based on financial report by the company

Toshiba Corp. most likely shipped around 19 million hard disk drives during the quarter, which is around one million units lower than in Q1 2013.

According to detailed financial reports by Seagate and Western Digital, the latter outsells the former on almost all the markets where they compete, including client hard drive and non-compute hard drives (e.g., external or CE storage), but not on the market of enterprise hard drives. But the gap is closing. In the second quarter Seagate shipped 8.2 million enterprise-class HDDs, whereas Western Digital sold 7.897 enterprise-class hard drives.

Seagate's Financial Results

During the fourth quarter, Seagate reported revenue of approximately $3.4 billion, gross margin of 27.4%, net income of $348 million and diluted earnings per share of $0.94. For the fiscal year ended June 28, 2013, on a GAAP basis Seagate reported revenue of $14.4 billion, gross margin of 27.5%, net income of $1.8 billion and diluted earnings per share of $4.81. 

Western Digital's Results

For its fourth fiscal quarter ended June 28, 2013, Western Digital reported revenue of $3.7 billion, hard-drive shipments of 59.9 million and net income of $416 million, or $1.71 per share. For the fiscal year 2013, Western Digital reported revenue of $15.4 billion and net income of $1.7 billion, or $6.75 per share for fiscal year 2013, compared to fiscal 2012 revenue of $12.5 billion and net income of $1.6 billion, or $6.58 per share.

Tags: Western Digital, Seagate, Toshiba, Business, HDD

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture

Monday, August 25, 2014

6:05 pm | Chinese Inspur to Sell Mission-Critical Servers with AMD Software, Power 8 Processors. IBM to Enter Chinese Big Data Market with the Help from Inspur

Sunday, August 24, 2014

6:12 pm | Former X-Bit Labs Editor Aims to Wed Tabletop Games with Mobile Platforms. Game Master Wants to Become a New World of Warcraft