Feeds

Seagate shares dive on iPod flash rumor

Platter matter

Next gen security for virtualised datacentres

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." ®

Secure remote control for conventional and virtual desktops

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
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Facebook to let stalkers unearth buried posts with mobe search
Prepare to HAUNT your pal's back catalogue
prev story

Whitepapers

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.
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.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.