SeagateHDD

Fitch Ratings - Chicago - 03 Jun 2020: Fitch Ratings has assigned a 'BBB-' rating to Seagate HHD Cayman's (Seagate) senior notes offering. The senior notes are par passu with Seagate's existing senior unsecured obligations and is guaranteed on a fully and unconditional basis by parent, Seagate Technology Plc. Fitch expects Seagate will use net proceeds to repay existing indebtedness. The ratings and Stable Outlook reflect Fitch's belief that Seagate's exposure to infrastructure end markets and adequate financial flexibility position the company for positive FCF and lower coronavirus pandemic-driven demand deterioration over the near term. Cloud and edge service provider spending on capacity drives should result in a richer sales mix and support profit margins even as enterprise, retail and surveillance markets remain weak and PC volume decreases following the completion of the Win10 refresh cycle. Capital spending should tick-up but slowing dividend growth will...

his client sent the hard drive inside their laptop to our Seagate HDD recovery specialists when the drive stopped working. It hadn’t been a quick death, either. Over time, the client had noticed their computer growing slower and slower, struggling to perform even the simplest of tasks. The client scanned their hard drive and found that their drive was extremely unhealthy, and only getting worse. Unlike living creatures, you can’t treat an unhealthy hard drive with medication and watch it get better. The client tried to pull as much of their data from the drive as possible before it passed on. But when the drive finally bit the dust, the client was left mostly empty-handed. Seagate HDD Recovery Case Study: A Slow DeathDrive Model: Seagate Laptop Thin SSHD ST500LM000Drive Capacity: 500 GB Operating/File System: Windows NTFS Data Loss Situation: The user’s computer started acting slowly. A scan showed that the hard drive was failing. Hard drive performance continued to deteriorate as u...

Seagate Technology’s (NASDAQ: STX) HDD (hard disk drive) revenue will likely decline at an average annual rate of 2.1% from $10.60 billion in fiscal 2018 to $9.94 billion in fiscal 2021, according to Trefis estimates. This decline will likely be led by slower enterprise demand. Seagate is a storage company, and most of its revenues (around 90%) come from HDD sales, unlike some of its peers, such as Western Digital, which also sell solid-state drives. In this analysis, we compare Seagate’s HDD growth and performance vis-à-vis its primary competitor ~ Western Digital ~ and provide an outlook of the future course of business. You can view our interactive dashboard analysis ~ How Much Can Seagate’s HDD Revenue Grow Over The Next Three Years? ~ for more details. In addition, you can see more of our data for information technology companies here. How Much Has Seagate’s HDD Revenue Grown Since 2016? Seagate’s HDD sales grew from $10.20 billion in fiscal 2016 to $10.60 billion in fiscal 2018...