Western Digital Revenues reached $ 2, 6 Billion

Hardware News – Western Digital (WD) Corp. reported revenue of $ 2, 6 billion coming from the hard drive shipments were 51.1 million units. Total net revenue, which he achieved at USD400 million, or USD1, 71 per share for the third quarter of fiscal year ended April 2, 2010.

At the same quarter last year, the company reported revenue of USD1, 6 billion, sending the hard drive as much as 31.6 million units and net income of USD50 million or USD0, 22 per share.

WD has also produced a USD588 million in cash from operations during the third quarter, with total cash amounting to USD2, 8 billion.

“With the market demand is stronger than forecast in the March quarter, our large-scale vertical integration, agile business models and product variants are very diverse, making us able to respond to increasing opportunities and increasing the share of the overall hard drive market,” said John Coyne, president and chief executive officer of Western Digital, in its official statement on Tuesday (04/27/2010).

He added, WD believe that the year 2010 will continue to be a strong year for digital storage.

“We will continue to maintain our focus in facilitating the growth of our customers and make them successful, and at the same time achieve sustainable profitability for WD,” said Coyne.

Western Digital, one of the old pioneer and leader in the industry of storage devices, providing products and services for individuals and organizations / companies that collect, manage and use digital information. This company created the hard drive and solid state storage devices are reliable and high quality that keep users’ data accessible and not lost. WD applies his expertise in the field of storage devices in consumer products for applications for the client and enterprise computing, embedded systems and consumer electronics, and consumers also own storage devices and media products.

WD was founded in 1970. WD storage products are marketed to the leading manufacturers, and retailers reseler elected with a Western Digital and WD brand.

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