Feeds

Seagate shares dive on iPod flash rumor

Platter matter

Business security measures using SSL

In Brief Shares of Seagate sank on Friday on word that Apple would replace the disk maker's components with flash memory in lower-end iPods.

Investors dropped Seagate more than 5 per cent to $17.22, at the time of writing, on more than twice the usual trading volume for the company. The fall came as research firm iSuppli earlier in the week declared that Apple will soon insert flash memory instead a Seagate drive in its 4GB iPod mini. Another analyst report from Deutsche Bank said the memory shift could happen before year end.

Morgan Stanley then topped off the negative buzz for Seagate by downgrading its rating on the company from "overweight" to "equal-weight." More power to you if you can figure out what that switch means.

Seagate and Hitachi are said to ship hard-drives to Apple for use in the iPod, while Samsung is the main supplier of flash memory to the home of "The Bönö." ®

Reducing the cost and complexity of web vulnerability management

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
JINGS! Microsoft Bing called Scots indyref RIGHT!
Redmond sporran metrics get one in the ten ring
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Murdoch to Europe: Inflict MORE PAIN on Google, please
'Platform for piracy' must be punished, or it'll kill us in FIVE YEARS
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Found inside ISIS terror chap's laptop: CELINE DION tunes
REPORT: Stash of terrorist material found in Syria Dell box
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Protecting users from Firesheep and other Sidejacking attacks with SSL
Discussing the vulnerabilities inherent in Wi-Fi networks, and how using TLS/SSL for your entire site will assure security.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.