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Lake Forest, Calif. - Western Digital today released a new series of external hard drives in its My Book Studio line.
http://www.twice.com/article/356906-Western_Digital_Adds_My_Book_Drives.php?rssid=20316
WD known for its hard disk drive leadership in the desktop, mobile and consumer marketplaces, today announced its entry into the traditional enterprise market segment with volume production...
Western Digital recently broke its own record, becoming the first to shoehorn 1 Tbyte into a 2.5-in.hard-disk drive. This breakthrough comes on the heels of the company’s becoming, in January, the first to ship a 2-Tbyte, 3.5-in. drive by squeezing four 500-Mbyte platters into the form factor.
Western Digital announced its fiscal first quarter results, the company reported record revenue of $2.2 billion, record hard drive shipments of 44.1 million units and a net income of $288 million, or $1.25 per share.
Total : 47 View more »
LAKE FOREST, Calif., Oct 29, 2009 /PRNewswire-FirstCall via COMTEX/ --
Western Digital Corp. (NYSE: WDC) today announced that it will participate in the following investor event:
Event: Needham and Co. HDD Investor Day
Date: Wednesday, November 4, 2009
Presentation: 10:40AM Pacific/1:40PM Eastern
The live and archived webcast of this event will be available on the Presentations page in the Investor Relations section of WD's Web site at http://www.westerndigital.com/investor/.
About WD
WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company designs and produces reliable, high-performance hard drives and solid state drives that keep users' data accessible and secure from loss. Its advanced technologies are configured into applications for client and enterprise computing, embedded systems and consumer electronics, as well as its own consumer storage and media products.
WD was founded in 1970. The company's storage products are marketed to leading OEMs, systems manufacturers, selected resellers and retailers under the Western Digital(R) and WD brand names. Visit the Investor section of the company's Web site (www.westerndigital.com) to access a variety of financial and investor information.
Western Digital, WD, and the WD logo are registered trademarks of Western Digital Technologies, Inc. in the U.S. and other countries. All other trademarks herein are property of their respective owner.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)
SOURCE Western Digital Corp.
http://www.westerndigital.com
Tags: consumer electronics media nyse products property technology web
Companies: Western Digital Corp. (WDC)
Oct 27, 2009 (Datamonitor via COMTEX) --
Storage company Western Digital has reported a 27% increase in net income to $288m for the first quarter 2010, compared to a net income of $211m in the year-ago quarter. Revenue increased 5% to $2.2 billion.
Operating income grew 36% to $319m, while diluted EPS rose 34% to $1.25. The company generated cash from operations of $434m and had total cash and cash equivalents of $2.1 billion. It shipped 44.1 million units compared to 39.4 million units in the same period last year.
During the quarter, the company announced plans to consolidate its headquarters and other Southern California operations into a single facility, relocating from its current multiple locations in Lake Forest and Aliso Viejo, California, to Irvine, California, beginning in the fourth calendar quarter of 2010.
The company also completed the sale of the assets of its media substrate manufacturing facility in Sarawak, Malaysia, to a subsidiary of Hitachi Global Storage Technologies, the hard drive manufacturing unit of Hitachi Limited.
John Coyne, president and chief executive at Western Digital, said: "For the second consecutive quarter, demand for hard drives was stronger than expected as the positive industry conditions that materialized in the June quarter continued throughout the September quarter. We believe this demand is being driven primarily by consumers as a result of the growing social media phenomenon. This is creating demand in mobile and desktop PCs, branded products and enterprise storage. Hard drive inventories remain at historically low levels, reflecting industry discipline in managing supply and demand."
http://www.datamonitor.com
Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon
Tags: california eps hard drive malaysia manufacturing media president products revenue
Companies: Western Digital Corp. (WDC)
LAKE FOREST, Calif., Oct 09, 2009 /PRNewswire-FirstCall via COMTEX/ --
Western Digital Corp. (NYSE: WDC) today announced that the company will release its financial results for the first fiscal quarter ended October 2, 2009, after the close of market on the NYSE on Thursday, October 22, 2009. The investment community conference call to discuss these results will be broadcast live over the Internet that day at 2 p.m. Pacific/5 p.m. Eastern. The call will be accessible live and on an archived basis via the link below:
Audio Webcast: www.westerndigital.com/investor
Click on "Conference Calls"
Telephone Replay: 866-395-4175 (toll-free)
+1-203-369-0475 (international)
About WD
WD, one of the storage industry's pioneers and long-time leaders, provides products and services for people and organizations that collect, manage and use digital information. The company designs and produces reliable, high-performance hard drives and solid state drives that keep users' data accessible and secure from loss. Its advanced technologies are configured into applications for client and enterprise computing, embedded systems and consumer electronics, as well as its own consumer storage and media products.
WD was founded in 1970. The company's storage products are marketed to leading OEMs, systems manufacturers, selected resellers and retailers under the Western Digital(R) and WD brand names. Visit the Investor section of the company's Web site (www.westerndigital.com) to access a variety of financial and investor information.
Western Digital, WD, and the WD logo are registered trademarks of Western Digital Technologies, Inc. All other trademarks mentioned herein belong to their respective owners.
(Logo: http://www.newscom.com/cgi-bin/prnh/20000711/WDCLOGO)
SOURCE Western Digital Technologies
http://www.westerndigital.com
Tags: community conference consumer electronics financial results market media nyse products technology web
Companies: Western Digital Corp. (WDC)
Oct 29, 2009 (FinancialWire via COMTEX) --
(Comment on this article at http://www.financialwire.net/2009/10/29/valuengine-upgrades-western-digital-corp-to-%e2%80%985%e2%80%99-rating/)
October 29, 2009 (FinancialWire) (Investrend Research Syndicate) -- ValuEngine, Inc. has upgraded Western Digital Corp (NYSE: WDC) to a "5" rating, the service's highest.
The ValuEngine Rating is an overall assessment of a stock's attractiveness. It combines the following five factors: ValuEngine's proprietary valuation, risk-return tradeoff, momentum, market capitalization and ValuEngine's proprietary forecasted one-month return. Approximately 80 to 85 companies achieve this highest ValuEngine rating out of VE's total coverage of over 5,000 publicly traded companies.
ValuEngine is a subscription-based business intelligence, market and equity analysis firm that provides exclusive, customized research and analysis solutions directly to companies, investors, investment banks and broker-dealers. A special arrangement between the Investrend Research Syndicate and ValuEngine provides for preferred introductions and complimentary value-added services for those enrolling into ValuEngine programs. For more information write to valuengine@investrend.com. To receive ValuEngine research and commentary news alerts, write to firstalert@investrend.com with "ValuEngine" in the subject line.
The Investrend Research Syndicate, a proprietary entity of Investrend Communications, Inc., distributes equity research-related information issued by sources that deemed to be dedicated to unbiased, reliable and transparent analytics. The primary measure for vetting those sources is the "Standards for Independent Research Providers" as promulgated by the FIRST Research Consortium.
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation for its news, opinions or distributions. Further disclosure is at the FinancialWire(tm) web site (http://www.financialwire.net/disclosures.php). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Free annual reports for companies mentioned in the news are available through the Free Annual Reports Service (http://investrend.ar.wilink.com/?level=279).
http://www.financialwire.net
Tags: broker business intelligence capitalization communications equity investment market nyse research standards subscription web
Companies: Western Digital Corp. (WDC)
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