Maxtor sees loss for Q2

But not as bad as it could have been

Hard drive maker Maxtor has announced its Q2 financials for the period ending 14 June. Turnover was $524.6 million, down on last Q2's $531.3 million. The company made a net loss of $30.9 million -– it made a profit of $5.4 million for last year's Q2. It had expected to make a loss of around $50 million for this quarter. ®

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