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WD financial platters spinning slower

Western Digital's financial platters are spinning markedly more slowly. Profits in its fiscal 2009 second quarter, which ended on 26th December 2008, more than halved from the year-ago quarter to $123m, and were then almost obliterated by a restructuring charge to just $14m. At least it was a profit. The gory details are Q2 fy09 …

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Anonymous Coward

DrDisk

Anonymous Coward

I'd say that within the next 2 quarters, WD will emerge as the #1 disk drive maker, and Seagate may even slip past Hitachi(IBM) and become #3. Talk about crashing and burning.

The bottom line for any tech company during an economic challenge period is to accelerate the next gen products (500GB/platter and beyond), and WD appears to be the only one in the position to do this. Another price war is coming, everyone knows it; and WD seems to have a much better grip in handling their cash, cost, and the almighty quality.

I will not be buying any stocks for the next 6 months, but i will be buying drives; and it looks like my arrays will have WD drives.

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