Analyst: Pressure on performance and cost will spark hybrid demand Hybrid disk drives are on their way to becoming a fixture in computing: Seagate has had design wins at Dell and other OEMs.…
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S&P Capital IQ analyst Jim Yin today cut his rating on Seagate shares to Hold from Buy, while keeping his target price at $35. He trimmed his EPS estimate for the disk drive maker’s June 2013 fiscal year by 18 cents to $5.84. The do... Read Post
Shares of the disk-drive makers Seagate and Western Digital are trading lower Thursday morning after Morgan Stanley analyst Katy Huberty cut her EPS estimates for both companies in the face of weakening PC demand and growing channel... Read Post
Seagate Monday announced upgrades to its 2.5-in. laptop hybrid drives and released its first 3.5-in. desktop hybrid drive. Hybrid drives combine a relatively small amount of NAND flash with traditional spinning disks along with firm... Read Post