Today's Hard|Forum Post
Today's Hard|Forum Post

Sunday September 23, 2012

Seagate Cuts Current-Quarter Revenue Estimate

Seagate, one of the world’s leading providers for hard drives and storage solutions, has followed rival Western Digital in announcing lower revenue estimates for the quarter. Both companies cited weaker than expected demand for hard disk drives.

Western Digital and Seagate command over 90 percent of the hard disk drive (HDD) market.