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09.22.2009 - Seagate Updates Fiscal First Quarter 2010 Financial Outlook

View Seagate-Technology related news. SCOTTS VALLEY, Calif. - September 22, 2009 - Seagate Technology (NASDAQ: STX) today announced an update to its expected financial results for its first fiscal quarter of 2010, which ends October 3, 2009. Overall industry demand for hard disk drives continues to strengthen. As a result, the total available market (TAM) for the September quarter is anticipated to be greater than the 135-140 million units originally expected while the TAM for the December quarter is now projected to be 145-155 million units.

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NID: 30273 / Submitted by: TACKtech Team
Categories: Press Release
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