Feeds

Western Digital inches along

Drives still profitable

  • alert
  • submit to reddit

The essential guide to IT transformation

Hard drive maker Western Digital posted a turnover of $440.9 million, with a loss from continuing operations of $4.1 million for its first quarter ended September 28.

Its operating loss in the same period 2000 was $35.5 million, showing a decent gain, while revenue saw slight growth from the $424 million recorded in Q1 last year.

The good news for the company is that its hard drive operation reported its fourth consecutive profitable quarter ($4 million) from the 5.4 million units shipped in the quarter. This time last year it shipped 5.1 million units.

In the quarter, the company disposed of its Connex and SANavigator businesses, injecting $24.5 million into the bank balance and enabling it to report an overall cash gain of $20.5 million. WD has a cash mountain of $200 million. ®

Related Link

Western Digital Q1 results

Related Story

Western Digital bigs up 120GB hard drive

Boost IT visibility and business value

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Fast And Furious 6 cammer thrown in slammer for nearly three years
Man jailed for dodgy cinema recording of Hollywood movie
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
Primetime precrime? Minority Report TV series 'being developed'
I have to know. I have to find out what happened to my life
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Scale data protection with your virtual environment
To scale at the rate of virtualization growth, data protection solutions need to adopt new capabilities and simplify current features.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?