Seagate Earnings Preview: Weak Consumer Electronics Business May Offset Growth In Enterprise Storage |
| April 17, 2015 | April 2015 Bond Updates |
|
In the most recent quarter, Seagate witnessed strong growth in shipments for storage units in notebook and enterprise drives, which were both up 17% and 24% over the prior year quarter, respectively. The company expects the solid demand for notebook and netbook storage units to continue going forward. We have a $58 price estimate for Seagate’s stock, which is roughly in line with the current market price. |
| View more at: http://www.forbes.com/sites/greatspeculations/2015/04/16/seagate-earnings-preview-weak-consumer-electronics-business-may-offset-growth-in-enterprise-storage/ |
| Related News |
|