Western Digital also announced strong results today.

  • They shipped 53.8 million units in the June quarter, up 8% sequentially and 8.2% from the year-ago period.
  • Gross margins improved by 130 basis points to 19.5%.
  • Revenues totaled $2.4 billion, net income was $158 million and cash flow from operations improved sequentially from $313 million to $447 million.

Here was the interesting quote:

We believe that 2012 could be a stronger period for the industry and for WD for several reasons: An acceleration of the commercial PC refresh as part of an overall macro reinvestment cycle; the potential for better consumer confidence translating into stronger discretionary spending; the planned launch of redesigned, feature-rich PCs enabled by Windows 8 and our continued favorable standing with customers as one of the preferred suppliers of the world’s most cost-effective storage solutions for the massive amounts of content being generated on the client and in the cloud.

Interesting – they are betting on a strong Windows 8 powered 2012.

Amen to that!

About the Author

Onuora Amobi is the Founder and VP of Digital Marketing at Learn About The Web Inc. Onuora has more than a decade of information security, project management and management consulting experience. He has specialized in the management and deployment of large scale ERP client/server systems.

In addition to being a former Microsoft MVP and the founder and editor of EyeOnWindows.com, he is the CEO of a Pasadena based online marketing education startup - Learn About The Web Inc. (www.learnabouttheweb.com) and The Redmond Cloud (https://www.theredmondcloud.com).

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