we know in general drives volumes are declining and will continue to decline with TB/per drive increases, so how is much but a flat business over time
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one can calculate how many drives STX ships (investor call shows how many EB, Revenue and drive capacity): still going down
million drives
Q2 21: 30
Q2 23 : 15.3
Q1 24: 11.9
Q2 24: 11.6 (yesterday quarter results)
question is will there be any profit margin on these to even cover the VP cost burden?
Yea stock is up as is most of the tech stocks.
will we gain market share or we just blow'in smoke
Gaters, Haters and Alligators go.
People still go to Best Buy????
People lining up outside Best Buy for these drives.
Haha. Ask Big D and good luck getting a straight simple answer to those questions.
HAMR
Can we make it at volume?
Can we make a profit on each drive?
Does anyone actually want to buy it?
Is there any real customer for this product?
unclear it's on HAMR or HAMR-esque
@3inu+1qEKR9I4. SSD alive with an AI tailwind
So SSD died off because of Seagate HAMR? The new HDD technology?
STX to take s&p to 50K
STX stock price will sky rocket soon...this is the year for STX...
I believe this news could not help the financial report this week. Good news and bad news, which one do you want to hear first?
I recall the same pattern for the last quarter.
price / margin advantage until WD releases a HAMR drive and prices fall, but meaningful near line revenue, doubtful
Absolutely zero numbers on sales of HAMR drives during any of Heavy D’s talks. The ramp to any meaningful sales is a long ways out discounting any typical excursions along the way. Financial results will be interesting.
Get ready for emergency excursions and working on 8D crisis teams people.
Has anyone here used one in real life ? Mos has been lying about this for years.
Hope we ramp up our warranty returns and QA depts before we ship in volume. Read-only drives aren't that useful except for archive.
STX forecast to $100 in March
Nope not yet
New marketing VP certainly spent some money we don't have.
What? Was there an actual customer monitory transaction that took place of significance?
Stock is going to pop. Bill case 250$