October 21, 2010
(image courtesy of Seagate) I’m still a major PC-industry bear, and my negative view was only reinforced by hard-drive maker Seagate’s (STX) earnings miss yesterday. Seagate’s Q1 EPS number came in a 37 cents, missing the consensus forecast by 8 cents. Gross margins were an anemic 20.4%, well-below the company’s prior expectations of 22-26%. Now, [...]
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October 4, 2010
I can’t and I won’t and I don’t hide my bearishness on the entire PC industry with the exception of Apple (AAPL). Now here’s an interesting piece of analysis out of market-research firm IDC. Those good folks see tablets, which use flash memory rather than traditional hard-disk drives, puttting a 2-3% drag on hard-drive shipments [...]
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