Feeds

Lucky Luczo: Seagate sales will beat expectations

Shifts more drives than it thought it would

High performance access to file storage

Seagate is expected to shift $3.5bn worth of kit in its second fiscal 2013 quarter ending 31 Dec, 2012, but says it has exceeded that number, providing a revenues figure of at least $3.6bn.

This is $132m less than the previous quarter but $400m more than the year-ago quarter. It looks like the Thai flood sales boost has played out and been replaced by a less bleak final three months of 2012 than feared. CEO Steve Luczo must be pleased after shares rose 9 per cent on the news.

Seagate says it sold approximately 58 million drives in the quarter, 400,000 more than in the previous quarter, and it maintained a market share of around 40 per cent, suggesting WD has also maintained its leading HDD market share of around 45 per cent.

CES: Easy access

At CES Seagate is showing a 3.5-inch form factor hybrid drive prototype - one with a flash buffer acting as a cache to boost performance when accessing hot data, such as application load ties. It's also showing a hybrid 2.5-inch drive with a disk spinning at 5,400rpm delivering faster data access than a non-hybrid 7,200rpm 2.5-inch disk drive. The implication here is that 7,200rpm laptop drives could be replaced by 5,400rpm hybrid drives that draw less power.

Stifel Nicolaus analyst Aaron Rakers said Toshiba was showing a hybrid drive at CES, a 9.5mm z-height unit with an 8GB NAND cache. He also said a Toshiba presentation showed its Hybrid HDDs offering "Application Start Time performance at what looks to be roughly ~18 seconds versus a SSD start time at 15 seconds."

Rakers mentioned that: "Smart Storage Systems (formerly SMART Modular) highlighted an expectation that, by 2015, we would see enterprise-class SSDs supporting capacity of up to 6.4TB/drive vs. [2.5-inch] HDDs at 1.2TB/drive; versus 1.6TB and 900GB today, respectively."

The full Seagate second quarter results will come out on 28 January after the market closes. ®

High performance access to file storage

More from The Register

next story
Seagate brings out 6TB HDD, did not need NO STEENKIN' SHINGLES
Or helium filling either, according to reports
European Court of Justice rips up Data Retention Directive
Rules 'interfering' measure to be 'invalid'
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Cisco reps flog Whiptail's Invicta arrays against EMC and Pure
Storage reseller report reveals who's selling what
Bored with trading oil and gold? Why not flog some CLOUD servers?
Chicago Mercantile Exchange plans cloud spot exchange
Just what could be inside Dropbox's new 'Home For Life'?
Biz apps, messaging, photos, email, more storage – sorry, did you think there would be cake?
IT bods: How long does it take YOU to train up on new tech?
I'll leave my arrays to do the hard work, if you don't mind
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
HP ArcSight ESM solution helps Finansbank
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.