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back to article Seagate profits slip after price fight retreat

Seagate shipped more drives in its latest quarter but earned less profit as it took rare earth cost increases on board and walked away from price competition. Amazingly it could overtake Western Digital next quarter though. It reported fiscal 2012 Q1 revenues of $2.8bn (£1.75bn), more than the year-ago quarter's $2.7bn (£1. …

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  1. Tim 39

    "our customer to offset these cost increases was largely unsuccessful due to aggressive pricing from a competitor "

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    Sounds more like the competitor didn't go along and risk illegal price fixing.

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  2. Teiwaz

    Outperform WD?

    Gods know why, I found Seagates External Drive casings brittle plastic with the USB socket having a strong tendancy to snap from its housing and disappear into the case... (500Gb 1TB & 2TB USB)

    Western Digitals similar products have nice sold cases in much better quality plastic.

    Plus they've been cheaper than Seagates lately, which maybe accounts for 'due to aggressive pricing from a competitor' quote.

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