Disk Drive Leaders Seagate, W. Digital Give Strong Outlooks
Shortly after computer disk drive maker Seagate released its latest results last week, Patrick O’Malley, the company’s chief financial officer, summed up his thoughts. “What a difference a year makes,” he told IBD. Indeed. Even in an industry known for volatility, the comparison is night and day. Or make that day and night. And not just for No. 1 drive maker Seagate (STX), but also for No. 2 Western Digital (WDC). Seagate swung to a profit of