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Western Digital Announces Results For First Quarter Fiscal 2015

Western Digital Corp. today reported revenue of $3.9 billion and net income of $423 million, or $1.76 per share, for its first fiscal quarter ended Oct. 3, 2014. On a non-GAAP basis, net income was $504 million or $2.10 per share. In the year-ago quarter, the company reported revenue of $3.8 billion and net income of $495 million, or $2.05 per share. Non-GAAP net income in the year-ago quarter was $514 million, or $2.12 per share.

The company generated $827 million in cash from operations during the September quarter, ending with total cash and cash equivalents of $5.2 billion. During the September quarter, the company utilized $223 million to repurchase 2.2 million shares of common stock. On Aug. 5, the company declared a $0.40 per common-share dividend, which was paid on Oct. 15.

WD Purple Now Shipping in 6 TB Capacities

WD, a Western Digital company and storage industry leader, today announced the expansion of its award-winning WD Purple line of 3.5-inch hard drives for video surveillance applications, with the release of the 6 TB capacity. Video surveillance is a highly data-rich application within the "Internet of Things (IoT)" ecosystem. WD Purple hard drives excel in new and existing home and small business security system environments with up to eight hard drives and up to 32 high-definition (HD) video cameras. Available today, WD Purple hard drives are being offered in capacities from 1 TB up to 6 TB.

"Video surveillance has long been a pioneering Internet-of-Things application. Driven by machine-to-machine interaction between high-resolution, high-bit-rate video cameras and high-capacity surveillance video recorders, IoT applications bring access and big data analytics to improve user's security," said Matt Rutledge, senior vice president and general manager of WD's Storage Technology group. "WD Purple 6 TB drives enable innovation in this fast growing market."

Western Digital Launches the WD Sentinel DX4200 Storage Server

WD, a Western Digital company and world leader in storage solutions, is expanding its business-class NAS portfolio with the WD Sentinel DX4200 storage server. The WD Sentinel DX4200 is a complete solution using Windows Storage Server, designed to meet the demands of today's small-to-medium sized businesses (SMBs) by combining Windows Storage Server 2012 R2 workgroup operating system and the Intel Atom C2338 Dual Core CPU.

With up to 16 TB of capacity, the WD Sentinel DX4200 enables small businesses to expand their office storage by upgrading the drives as the demands of their businesses grow. The WD Sentinel DX4200 is an ideal backup solution and provides SMBs the advantages of on-premise centralized storage.

HGST Unveils Intelligent, Dynamic Storage Solutions to Transform The Data Center

Leveraging its data center storage insights, HGST, a Western Digital company (NASDAQ: WDC), is broadening its scope of innovation to capture new and growing opportunities in data center storage infrastructure. The company today announced six new offerings that will help organizations manage the increasing volume, velocity, variety and longevity of data in today's rapidly evolving data center.

In addition to maintaining its longstanding leadership in storage devices, the new offerings demonstrate HGST's commitment to transform the data center and itself through hardware and software solutions that elevate the value it provides to partners and customers. By creating innovative solutions that shape the emerging categories of Flash fabric solutions and active archive solutions, HGST is driving the data center evolution by helping organizations readily extract the information, knowledge and wisdom that lies within their data.

WD Introduces Cold-Data-Storage HDDs Optimized For The Modern Datacenter

WD, a Western Digital company and world leader in storage deployed for modern datacenters, today announced its innovative WD Ae line of hard drives designed for the unique operating characteristics of the emerging archive tier within web-scale datacenters. Built on a platform to achieve optimal total cost of ownership (TCO), WD Ae hard drives utilize the lowest possible power consumption and a Progressive Capacity model to enable a new tier of storage for large-scale cloud infrastructures.

"Modern datacenter customers came to us with a need for an HDD solution designed specifically for ever-expanding cold-data repositories," said Matt Rutledge, senior vice president and general manager, storage technology, WD. "Now in our third generation with over 700 petabytes deployed, WD is bringing the WD Ae drive to the broader market, representing another vital component of WD's capacity storage portfolio, which delivers features and product attributes optimized for the rapidly evolving storage market."

Western Digital Introduces the My Passport Wireless Portable Storage Drive

WD, a Western Digital company and a world leader in connected storage solutions, today unveiled My Passport Wireless, an easy to use Wi-Fi enabled storage drive that allows consumers to save, access and share stored content wirelessly with any smartphone, tablet, computer or other device. For the frequent business traveler to the family on a road trip or creative professional working in the field, the My Passport Wireless drive is a simple way to connect all computing and mobile devices to content without any wires or Internet connection. Additionally, when users need to transfer large amounts of data, the My Passport Wireless drive provides the option of using a high speed USB 3.0 connection.

"As we celebrate its 10th anniversary, the success of WD's My Passport line of portable hard drives is unprecedented," explains Jim Welsh, executive vice president, WD Content Solutions Business and worldwide sales. "Our new My Passport Wireless drive continues the evolution, resolving a common problem for today's mobile consumer; too many devices with limited storage and no way to offload their content and free up space on-the-go. Now, consumers will have one drive to easily store content from all their devices and enjoy that content anywhere they go."

I-O Data Outs HDJA-UTW External HDD with WD Red Drives

Japanese peripherals maker I-O Data rolled out the HDJA-UTW line of external hard drives featuring the NAS-grade WD Red drives from Western Digital. Measuring 45 mm x 216 mm x 155 mm (WxDxH), the drives feature a monolithic matte black design. Capacities include 1 TB (HDJA-UT1.0W), 2 TB (HDJA-UT2.0W), 3 TB (HDJA-UT3.0W), and 4 TB (HDJA-UT4.0W). The drives feature USB 3.0 SuperSpeed interface, and an internal power supply that draws power from AC (no bulky external power bricks). A 40 mm fan spools up only when the drive needs it. When it doesn't, a heatsink making contact with the internal drive keeps it passively cool.

Source: Hermitage Akihabara

Western Digital Unveils Limited Anniversary Edition My Passport Drives

To commemorate the 10th anniversary of its My Passport line of portable external hard drives, WD, a Western Digital company, is introducing a sleek new design for the world's most popular external hard drive lines. More than 60 million My Passport drives have been sold in the past 10 years, providing approximately 42,000 petabytes of content protection for consumers worldwide.

The My Passport Ultra - Metal Edition drive and My Passport Ultra - Anniversary Edition drive represent a decade of refinement for WD's enduring portable drive line. They feature elegant metal exteriors, up to 2 TB capacities in smaller enclosures, content protection, including backup, and cloud integration for anywhere access to personal content.

Western Digital Announces Results for Fourth Quarter and Fiscal Year 2014

Western Digital Corp. today reported financial results for the fourth quarter and fiscal year ended June 27, 2014. For the fourth quarter, the company reported revenue of $3.7 billion and net income of $317 million, or $1.32 per share. On a non-GAAP basis, net income was $445 million or $1.85 per share. In the year-ago quarter, the company reported revenue of $3.7 billion, a net loss of $265 million, or $1.12 per share. Non-GAAP net income in the year-ago quarter was $477 million, or $1.96 per share.2

The company generated $713 million in cash from operations during the June quarter, ending with total cash and cash equivalents of $4.8 billion. During the June quarter, the company utilized $272 million to repurchase 3.2 million shares of common stock. On May 14, the company declared a $0.40 per common-share dividend, which was paid on July 15.

HGST Expands Enterprise SAS SSD Storage Portfolio For Data-Intensive Application

HGST, a Western Digital company (NASDAQ: WDC), today announced its next-generation of Ultrastar 12Gb/s SAS solid-state drives (SSDs) with capacities up to 1.6TB. Building upon its award-winning first generation 12Gb/s SAS SSDs, the new Ultrastar SSD800MH.B, Ultrastar SSD1600MM and Ultrastar SSD1600MR are the ideal building blocks for server and storage systems running today's performance-sensitive enterprise applications.

The Ultrastar SAS SSDs create new price/performance points by combining HGST's deep enterprise storage expertise developed over the last 50 years, HGST's customer-proven 12Gb/s SAS technology and Intel's 20 nanometer (nm) high endurance enterprise-grade MLC NAND memory. As a result, HGST's Ultrastar SAS SSDs excel in key total cost of ownership (TCO) metrics for enterprise applications, including transactions/$ and transactions/watt.

Western Digital Outs My Book Duo 12 TB

Western Digital rolled out a 12 TB variant of its My Book Duo external drive, which debuted last month in capacities originally up to 8 TB. The new 12 TB model comes with a pair of 6 TB WD Red hard drives pre-installed, which you can either use as independent volumes, or stripe in RAID 0 for transfer rates as high as 290 MB/s. Other RAID modes supported include RAID 1 and JBOD. The drive plugs into the host over a single USB 3.0 connection. It features an additional two USB 3.0 downstream ports, so you can plug in additional drives.

Western Digital Introduces 6 TB WD Red Hard Drive

WD, a Western Digital company, and world leader in storage solutions, today announced the expansion of its award-winning WD Red line of SATA hard drives for home and small office NAS (network attached storage) systems with the release of a 5 TB and first-to-market 6 TB capacity for NAS-specific storage and the introduction of WD Red Pro hard drives that address the medium to large business NAS market. Compatibility-tested with top NAS system manufacturers and optimized for power and performance, WD Red 3.5-inch hard drives are now shipping in 1 TB to 6 TB capacities; and the new WD Red Pro 3.5-inch hard drives are available in 2 TB to 4 TB capacities.

"With the expansion and evolution of the WD Red family, WD once again is providing its loyal customers with increased capacity up to 6 TB; improved bay count support with up to 8 bays; increased product breadth with WD Red Pro; and more features with the latest generation of NASware technology," said Matt Rutledge, senior vice president and general manager, WD Storage Technology. "WD continues to listen to its customers and bring exciting innovation to the category they helped to create."

Western Digital Announces Appointment of Paula A. Price to its Board

Western Digital Corp. (NASDAQ: WDC) announced today the appointment of Paula A. Price to its board of directors. Ms. Price, 52, is currently senior lecturer at Harvard Business School in the Accounting and Management Unit. She was executive vice president and chief financial officer of Ahold USA until January 2014. Ms. Price will be subject to re-appointment at the next Western Digital annual meeting of shareholders. Ms. Price has also been appointed to serve on the board's Audit Committee.

"I am very pleased to welcome Paula to the Western Digital board of directors," said Tom Pardun, chairman of the board. "Paula is an accomplished finance executive with broad general management and strategic experience in a distinguished career. Her perspective and judgment will allow for continued strong financial governance on our board." With this appointment, Western Digital's board now comprises 13 directors, 12 of whom are external and independent. Ms. Price also serves on the boards of directors for Accenture, Blue Cross Blue Shield of Massachusetts and Financial Guaranty Insurance Company, and on the board of overseers for the Museum of Fine Arts in Boston.

Western Digital Introduces the My Book Duo External Drive

WD, a Western Digital company, and world leader in storage solutions for the connected life, today introduced My Book Duo, the newest member of its award-winning line of desktop storage solutions for home and office. Utilizing two drives, hardware-level RAID and USB 3.0, My Book Duo delivers massive capacity and file transfer speeds not available on single-drive solutions. Available in 4 TB, 6 TB and 8 TB capacities, My Book Duo also comes with software that creates secure local, cloud and system-level backups for complete data protection.

"From creative pros and expert consumers to everyday content creators - people with large amounts of data will find My Book Duo the fast and reliable way to offload content from their computers, organize it in a single location and protect it with backups, passwords and encryption," said Jim Welsh, executive vice president of content solutions and worldwide sales at WD. "My Book Duo offers super-fast transfer speeds, massive capacity and integrated WD Red drives to provide the ultimate desktop storage solution for all your digital libraries."

WD to Demonstrate First PCI Express Hard Drives at Computex 2014

WD, a Western Digital (NASDAQ: WDC) company, and world leader in storage solutions, will be demonstrating the first PCI Express hard drives at Computex Taipei, June 3-4, 2014. Enabled with key technology partners, WD's prototype introduces the new SATA Express interface, a form of PCI Express technology, which is offered on recently launched Intel series-9 chipset motherboard platforms. The SATA Express interface provides a roadmap for faster speeds, lower power consumption and increased flexibility for future OEM designs.

The road to the world's first demonstration of SATA Express has been in development for almost 3 years. In 2011, SATA-IO, the group responsible for charting the future of SATA, announced that it was developing a new specification that would fundamentally change the core technology behind SATA by melding it with the more advanced PCI Express computer interface. In 2013, the SATA Express specification was announced; and just one year later, WD and selected partners have realized a prototype of what is expected to be the next generation of storage technology.

Western Digital Board Declares Dividend For June Quarter

Western Digital Corp. today announced that the board of directors declared a cash dividend for the quarter ending June 27, 2014, of $0.40 per share of common stock (the "cash dividend"). The cash dividend will be paid on July 15, 2014 to the company's stockholders of record as of June 27, 2014.

The amount of future dividends under the company's dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, including the company's financial position, results of operations, cash flows, capital requirements and restrictions under the company's existing credit agreement, and shall be in compliance with applicable law. The board retains the power to modify, suspend or cancel the company's dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.

Western Digital Announces Q3 FY2014 Revenue Of $3.7 Billion

Western Digital Corp. today reported revenue of $3.7 billion and net income of $375 million, or $1.55 per share for its third fiscal quarter ended Mar. 28, 2014. On a non-GAAP basis, net income was $470 million or $1.94 per share.1 In the year-ago quarter, the company reported revenue of $3.8 billion, net income of $391 million, or $1.60 per share. Non-GAAP net income in the year-ago quarter was $514 million, or $2.10 per share.2

The company generated $697 million in cash from operations during the March quarter. During the quarter, the company utilized $244 million to buy back 2.8 million shares of common stock. It ended the quarter with total cash, cash equivalents and investments of $5.0 billion. On Feb. 6, the company declared a $0.30 per common-share dividend, which was paid on Apr. 15.

Western Digital Introduces First Thunderbolt-Powered Portable Dual-Drive

WD, a Western Digital company, and world leader in storage solutions for the connected life, today introduced My Passport Pro, the first portable, Thunderbolt-powered dual-drive solution, providing creative professionals and enthusiasts high performance and capacity in a truly mobile solution. For Mac systems, My Passport Pro has user-selectable RAID functionality to deliver needed performance for the most demanding applications in the field, without the need for power adapters or extra cables. My Passport Pro is available in 2 TB and 4 TB capacities.

"The only Thunderbolt dual-drive solution that's bus-powered, WD's My Passport Pro enhances the workflow of mobile creative professionals by providing fast transfers and data protection for the large amounts of digital content they generate outside the studio," said Jim Welsh, executive vice president of branded products and worldwide sales, WD. "From photographers, videographers and musicians to graphic designers and architects, people who depend on portable storage for their livelihood will find My Passport Pro defines a new level of performance, reliability and especially portability."

Western Digital Introduces the My Passport AV-TV USB 3.0 Drive

WD, a Western Digital company, and world leader in storage solutions for the connected life, today introduced My Passport AV-TV, a high-performance, compact media drive designed to simplify storage and playback of hundreds of hours of TV entertainment by connecting the My Passport AV-TV to TV's with a USB recording feature.

The My Passport AV-TV offers plug-and-play simplicity for easy integration and is available in 500 GB and 1 TB capacities. My Passport AV-TV is engineered for AV applications with high-speed error recovery and continuous streaming command support, providing accurate recording and smooth video playback of recorded content. Additionally, My Passport AV-TV uses less power and stays cool - even in a hot entertainment center full of electronic devices.

Western Digital Introduces 2-Bay Prosumer Personal Cloud Storage

WD, a Western Digital company and a world leader in connected storage solutions, today expanded its prosumer personal cloud solutions with My Cloud EX2, a high-performance two-bay network attached storage (NAS) system. The My Cloud EX2 and My Cloud EX4 products are designed from the ground up for creative professionals and prosumers that need to reliably save, share, back up, stream and manage large amounts of digital data.

"WD is committed to providing a comprehensive portfolio of personal cloud solutions as the need for digital data storage continues to dramatically increase," said Jim Welsh, executive vice president, WD Branded Products and worldwide sales. "With the My Cloud EX series of products, customers will be thrilled with the advanced features, high-performance and reliability that only WD can provide."

Western Digital Debuts Surveillance-Class Hard Drive Line

WD, a Western Digital company and storage industry leader, today announced the availability of WD Purple, a purpose-built line of 3.5-inch, high-capacity hard drives for surveillance applications. Designed specifically for video surveillance units, WD Purple hard drives excel in new and existing home and small business security environments with up to eight hard drives and up to 32 high-definition (HD) video cameras. Shipping today, WD Purple hard drives are available in capacities from 1 TB up to 4 TB.

"By expanding our 'Power of Choice' product portfolio with WD Purple, we make it simple for our VARs, integrators and consumers to select the right drive engineered for their application and validated with our industry leading surveillance partners," said Matt Rutledge, senior vice president and general manager of WD's Storage Technology group. "WD optimized the WD Purple line of hard drives for surveillance applications to improve high-definition video playback, and operate in 24x7 workloads of surveillance environments."

WD Simplifies Hybrid Cloud Backup For Midsized IT Environments

WD, a Western Digital (NASDAQ: WDC) company and a world leader in digital storage solutions, today announced version 10.2 of WD Arkeia network backup software, featuring significant scalability improvements to the WD Arkeia patented Progressive Deduplication technology. WD Arkeia network backup software is a fast, easy-to-use, and affordable solution for small and medium sized businesses that ensures critical business data is backed up on both the local network and in the cloud.

"Backup solutions for businesses are going through a dramatic shift in technology," said Bill Evans, general manager of WD's business storage solutions group. "Advances in data deduplication, hard drive capacity, and wide-area network speeds allow companies to dispense with the error-prone process of trucking nightly backup tapes offsite. WD Arkeia 10.2 extends WD's hybrid cloud backup solution that offers the speed of LAN backups and the security of cloud storage. 'Seed and feed' for overnight transport of large backup sets delivers the flexibility of rapid data recovery when needed."

Western Digital Board Declares Dividend For March Quarter

Western Digital Corp. (NASDAQ: WDC) today announced that the board of directors declared a cash dividend for the quarter ending Mar. 28, 2014, of $0.30 per share of common stock (the "cash dividend"). The cash dividend will be paid on Apr. 15, 2014 to the company's stockholders of record as of Mar. 28, 2014.

The amount of future dividends under the company's dividend policy, and the declaration and payment thereof, will be based upon all relevant factors, including the company's financial position, results of operations, cash flows, capital requirements and restrictions under the company's existing credit agreement, and shall be in compliance with applicable law. The board retains the power to modify, suspend or cancel the company's dividend policy in any manner and at any time as it may deem necessary or appropriate in the future.

Western Digital Announces Q2 FY 2014 Revenue Of $4.0 Billion

Western Digital Corp. today reported revenue of $4.0 billion and net income of $430 million, or $1.77 per share for its second fiscal quarter ended Dec. 27, 2013. On a non-GAAP basis, net income was $532 million or $2.19 per share. In the year-ago quarter, the company reported revenue of $3.8 billion, net income of $335 million, or $1.36 per share. Non-GAAP net income in the year-ago quarter was $513 million, or $2.09 per share.

The company generated $727 million in cash from operations during the December quarter, ending with total cash and cash equivalents of $4.7 billion. During the quarter, the company utilized $150 million to buy back 2.0 million shares of common stock. On Nov. 13, the company declared a $0.30 per common-share dividend, which was paid on Jan. 15.

Western Digital to Stop Shipping PATA Hard Drives

Western Digital is expected to end shipments of parallel-ATA (PATA or legacy ATA) hard drives from December 29, 2013. The company maintained a small lineup of PATA hard drives in its product stack, to cater to people with older laptops looking for hard drive upgrades, and whoever else may be using the old standard that was blasted into obsolescence exactly a decade ago, with the introduction of SATA and AHCI. Product discontinuation notifications (PDNs) for the company's last Caviar PATA hard drives, bearing model numbers WD800AAJB (80 GB), WD1600AAJB (160 GB), WD2500AAJB (250 GB), WD3200AAJB (320 GB), WD4000AAJB (400 GB), and WD5000AAJB (500 GB) were issued this may, soliciting the last orders from OEMs and distributors. The last of those orders will be fulfilled by the 29th, when the drives will enter end-of-life (EOL) state. The company will only honor active warranties from then on.


Source: Expreview
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