Seagate Sell ​​47 Million Disk Drive

Seagate reported to have sold about 47 million disk drives, including about 700,000 disk drives Samsung, in their second fiscal quarter ended December 30, 2011. Inclusion of sales of Samsung hard drives because Seagate has acquired the business of the company's hard drive.

Seagate reported in the fiscal quarter, it earned between U.S. $ 3.1 to 3.2 billion. It is estimated, with a gross margin percentage of revenue to reach at least 30.5 percent of operating costs at around U.S. $ 390 million.

"These results are better than expected for the December quarter," said Steve Luczo, Chairman and Chief Executive Officer of Seagate, Monday, January 9, 2012.

These results, Luczo added, also reflects the hard work and toughness Seagate teams and their strategic suppliers who work to help the industry recover from major disasters caused by floods in Thailand.

For 2012, Luczo said, it estimates that unit supply exceeds demand. And when combined with high growth rates on the demand side for storage, exabytes of capacity shortage will be more apparent than lack of units of goods. As a result, hard drive prices are expected to remain stable.

Especially for the quarter as of March 2012, according to Luczo, it hopes to increase sales of the product compared with the December quarter. They are targeting revenues of U.S. $ 4.2 to 4.5 billion.