Leading provider of storage devices ( hard disk drive ). Seagate Technology, has announced financial result for the quarter ended July 2, 2010, with record sales of 46.8 million units, disk drives.
From these sales, Seagate obtained revenues of US $ 2.66 billion, with gross margin of 27.4 percent, and net income of US $ 379 million.
While for the fiscal year also ended on July 2, 2010, this company recorded sales of disk drives of up to 193.2 million units. This relatively large sales, generating revenues of US $ 11.4 billion, with gross profit amounted to 28.1 percent, and net income of US $ 1.61 billion.
According to Steve Luczo, President and CEO of Seagate, record sales and earnings in fiscal year 2010 was extraordinary thing. " I am very encouraged by the financial and operating performance during fiscal year 2010, " said Steve Luczo in a press release Monday, July 26, 2010.
Promised has side will respond with a good increase in global demand for hard drives, an increase of 22 percent from year to year. Ie, by continuously introducing new products, continued to strengthen its capital structure, and remain focused on improving its core business of this.
source : tempointeraktif.com
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