Just find some great news article over the internet
J
WD is the #1 Hard Drive in the world
J
In our warehouse lies the #1 hard drive, what we waiting for to sell it out and gain the market..
If WD could be #1 in the world, we together could make it also be the
#1 hard drive in Indonesia! JJ
Keep our spirit on!
Thank you.
WD Returns to the No. 1 Position on the Market of Hard Disk Drives
Western
Digital Corp. on Wednesday reported financial results for the fiscal
year 2012 and Q4 of FY2012 (~Q2 calendar 2012). While the company did
not ship as many hard disk drives as it did last year, it did earn
record revenues and profits
thanks to major increases of hard disk drive
pricing in the year due to flooding in Thailand. In the Q2 2012 WD
returned its position as the world's No. 1 maker of hard drives,
outpacing Seagate on unit basis.
“Fiscal
2012 was one of the most challenging and exciting years in our 42-year
history. While responding to two major natural disasters and completing
the largest acquisition in the history of the industry, we achieved
year-over-year revenue
growth of 31% and more than doubled earnings per share," said John
Coyne, chief executive officer of WD.
Record Revenues, Record Profits and Record Shipments
For
its fiscal year 2012, WD posted revenue of $12.5 billion and net income
of $1.6 billion, or $6.58 per share for fiscal year 2012, compared to
fiscal 2011 revenue of $9.5 billion and net income of $726 million, or
$3.09 per share. The
fiscal 2012 report includes results from the company’s newly acquired
HGST subsidiary from the acquisition date of March 8 through the end of
fiscal 2012.
For
its fourth fiscal quarter ended June 29, 2012, the company reported
revenue of $4.8 billion, hard-drive shipments of 71.0 million and net
income of $745 million, or $2.87 per share. In the year-ago quarter, the
company reported revenue
of $2.4 billion, net income of $158 million, or $0.67 per share, and
shipped 53.8 million hard drives.
“In
the June quarter, demand was in line with our forecast as industry
shipments reached 157 million units, bringing total HDD shipments for
the year to 599 million units. Our WD and HGST subsidiaries both
performed ahead of plan in Q4,
delivering great products with consistent execution, resulting in
strong revenue growth, gross margin and cash flows,” added Mr. Coyne.
WD Will Not Restore All Manufacturing Capacities
Even though Western Digital clearly
returned its position as the world's largest maker of hard disk drives
with 71 million units shipped, which is around five million more than
Seagate supplied in approximately the same time frame, the
company said it would not restore all of manufacturing capacities it
and Hitachi GST owned before the flood given the current macroeconomic
situation.
"We
expect that we will not spend the full recovery capital that we
indicated of $650 million now, because, obviously, we are not bringing
the capacity back to the same level. We earmarked that number at about
$400 million as oppose to
the $650 million," said Wolfgang Nickl, chief financial officer of
Western Digital, during a conference call with financial community.
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