Feeds

Western Digital inches along

Drives still profitable

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

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

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
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?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.