Seagate Earnings: Weakness In PC Market Leads To Fall In Revenues |
| August 05, 2015 | August 2015 Bond Updates |
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Seagate Technology announced its Q4 FY 2015 earnings on Friday, July 31, reporting an 11% year-on-year decline in net revenues to $2.9 billion. Correspondingly, Seagate’s net shipments through the quarter were down by nearly 14% over the prior year quarter to 43.1 million units. The hard drive maker saw the average selling price per hard disk drive sold stay flat at over the previous year at $60 for the June quarter. |
| View more at: http://www.forbes.com/sites/greatspeculations/2015/08/04/seagate-earnings-weakness-in-pc-market-leads-to-fall-in-revenues/ |
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