(Sniff...! Eyes close..) Wow! Wow! Wow! Somethings here.. The Roy can feel it.. The intensity.. The fans calling for The Roy.. The People's investor..! If u smell lalalalalala..!!!!
i agree with Jayalbert that hdd is yester year's product and its application may be limited in the future. Are there any SDD public listed companies in Malaysia ?
JCY quarter results tend to follow its key client, Western Digital. WD reported very good result in the latest quarter after 2 quarters of losses. i believe JCY results will be surprisingly good next week after 2 quarters of losses, same like WD.
Wait for 2moro meeting first, dont touch the cx going to x soon .CX might early stop trading b4 the x date anytime from being of MARCH...If want to buy better buy mother JCY ....
Western Digital Announces Financial Results for Second Fiscal Quarter 2017 Irvine, Ca - January 25, 2017
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $4.9 billion, operating income of $545 million and net income of $235 million, or $0.80 per share, for its second fiscal quarter ended Dec. 30, 2016. The GAAP net income for the period includes charges associated with the company's recent acquisitions. Excluding these charges and after other non-GAAP adjustments, second quarter non-GAAP operating income was $995 million and non-GAAP net income was $675 million, or $2.30 per share.
In the year-ago quarter, the company reported revenue of $3.3 billion, operating income of $251 million and net income of $251 million, or $1.07 per share. Non-GAAP operating income in the year-ago quarter was $427 million and non-GAAP net income was $403 million, or $1.72 per share.
The company generated $1.1 billion in cash from operations during the second fiscal quarter of 2017, ending with approximately $5.2 billion of total cash and cash equivalents, and available-for-sale securities. On Nov. 3, 2016, the company declared a cash dividend of $0.50 per share of its common stock, which was paid to shareholders on Jan.17, 2017.
"We reported strong financial performance in the December quarter enabled by excellent operational execution by our team in a favorable market environment," said Steve Milligan, chief executive officer. "We saw healthy demand for capacity enterprise hard drives, all NAND based products and hard drives in client applications. We also achieved targeted cost and efficiency improvements and improved our liquidity position with continued strong cash flow performance.
"We continue to execute well on key strategic priorities, including the integration of HGST, SanDisk and WD, and the ramp of 3D NAND technology. We are achieving our planned synergy targets and are progressing with our transition to 3D NAND technology with the ramp of our 64 layer architecture."
Global demand for data storage remains relatively stable.
During the quarter under review, the market for SSDs experienced some tightening due to shortages in supply, resulting in upward pressure on PC prices, and limited delivery of enterprise SSDs. These conditions are expected to prevail over the near term.
For HDDs, the Total Addressable Market totaled 111.4 million units driven by higher shipments to mobile and PC desktops against a modest reduction in enterprise HDDs and a sharp seasonal drop in game console HDD shipments.
Overall, we expect continued healthy demand for HDDs and will focus on improving our delivery quantities and market share.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
eatsmall
1,557 posts
Posted by eatsmall > 2017-02-08 11:35 | Report Abuse
come..attack cx..