Computer Industry Financial News April 2011
Heading into May of 2011, the stock market activity seems to have perked up.
Stock symbol: STX (NASDAQ)
Date: April 19, 2011 (12:30 PM ET)
Open $27.60
Day Low $17.08
Day High $18.23
52 Week Low $9.84
52 Week High $20.90
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Seagate has updated product lines that enhance the work place and personal lifestyles. The world continues to request smaller storage devices that offer increased storage capacity. Seagate answers.
Hard Drive technology has advanced in the 2011 digital storage market. When it comes to
efficient
solutions in 2011, the GoFlex™ Slim Performance Drive (part
number: STBE320100) is currently on the Seagate menu. This USB 3.0 product
was introduced as the world's thinnest high performance hard drive in 2011.
This 320gb hard drive was featured on Seagate's home page mid April 2011. Serving up... ...Advances.
Seagate is also pushing advancement via Solid State
Drives and SAS interfaces. Seagate brings these two technologies
together with the Pulsar.2 product line. As of April 2011, the
highest capacity model offered is an 800gb drive with a 6-Gb/s SAS
interface or a SATA 6-Gb/s interface. These drives spout strengths
in two categories: endurance and data reliability.
Pulsar.2 Solid State
Drives (SAS)
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Pulsar.2 Solid State Drives (SATA)
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Other Seagate Drives
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Western Digital brought home a net income of $225 million in the 2nd fiscal quarter of 2011, which ended on December 31, 2010. At that time John Coyne, president and chief executive officer said "The opportunity for profitable growth in our industry remains tremendous and we are committed to improving our financial performance over the longer term. We plan to do so with a continued emphasis on our industry-leading low-cost structure, high quality, highly reliable and highly available products, and a sharp focus on matching production with true customer demand."
On April 20th, 2011 Western Digital released financial data for their 3rd fiscal quarter as well. Western Digital hard-drive unit shipments hit the 50 million marker. Western Digital reported a net income of $146 million (non-GAAP net income was $156 million). The company's results include expenses of $10 million associated with the planned acquisition of Hitachi Global Storage Technologies, announced Mar. 7, 2011. This acquisition has already been approved by directors of both companies and is now only pending approval by regulatory agencies. John Coyne, president and chief executive officer said "While demand for hard drives in the quarter (3rd) got off to a slow start, it later picked up as availability of CPUs improved and as fears took hold of component shortages related to the events in Japan.
Stock symbol: WDC (NYSE)
Date: April 19, 2011 (1:00 PM ET)
Open $38.86
Day Low $37.63
Day High $39.43
52 Week Low $23.06
52 Week High $45.09
Western Digital is also featuring Green Caviar Drives. This line is built for desktop computers and are deemed eco-friendly by Western Digital. This product line currently offers capacities up to 3TB as well.
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My Book drives
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Green Caviar drives
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Stock prices have started leveling overall.
Stock symbol: DELL (NASDAQ)
Date: April 19th, 2011 (2:30 PM ET)
Open $14.71
Day Low $14.46
Day High $14.85
52 Week Low $11.34
52 Week High $17.52
On the personal side, Dell highlights the Energy Star logo on Inspiron laptops. Raising consumer awareness and trying to separate their products from others, Dell tags certain product lines as eco-friendly.
On the business side, Dell focuses on high performance with the OptiPlex Desktop line. The OptiPlex systems definitely are about speed. Some of these desktops come with Intel® Core™2 Quad Processor or a Intel® 2nd Generation CoreTM i7, i5, i3 Processor. The OptiPlex 990 can handle up to 16gb of SDRAM.
Desktops
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Laptops
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http://www.Seagate.com February 2nd, 2011 and April 19th, 2011
Seagate Stock Tracker graph and data 2/2/2011, 4/19/2011
Seagate Fiscal 3rd Quarter 2011 Results 4/19/2011
Seagate Pulsar.2 Product Sheet 4/19/2011
WD Q2 Revenue Press Release 2/2/2011
WD Press Room and News 2/2/2011
WD green caviar 4/19/2011
Dell OptiPlex Desktops 4/19/2011
- Trade Federation Article: Computer Industry Financial News February 2011 published 2011
- Trade Federation Article: Computer Industry Financial News June 2010, published 2010
- Trade Federation Article: Computer Industry Financial News August 2009, published 2009
