Seagate Technology Presents at Nasdaq 33rd Investor Program Conference (Transcript)

Seagate Technology PLC (NASDAQ:STX) Nasdaq 33rd Investor Program Conference Call December 1, 2015 9:45 AM ET

Executives

David Morton – Chief Financial Officer

Analysts

Unidentified Company Representative

Good afternoon everyone. And on behalf of NASDAQ I am very pleased to welcome Seagate Technologies to the conference today. Presenting is David Morton, Chief Financial Officer. David?

David Morton

Yes, thank you. Thank you everyone. Got a couple of prepared slides here. And then can open it up for Q&A as you see it. Couple of quick housekeeping items. Obviously our forward-looking statements to the extent that we make any – I make any please refer to our K filed on August 11 for any risks and uncertainties about matter. And then to the extent that I use any non-GAAP information please refer again to our investor website or the Investor Relations, so you could see the reconciliation on those perspective numbers.

Jumping into this conversation and first and foremost thanks again for having us. As I look and kind a top-level this whole conversation, what we do? We’re a high tech global manufacturing – precision manufacturing company that is able to store the world’s data and how that’s created. And the key note to our investment thesis is really all related to the slide here. It particularly pertains to how we view our long-term thought process in and around the data, the content creation, the 44 zettabytes that will be out there in the year 2020 data that will either need to be stored and/or in flight.

And then how we view it is the data that is that necessarily in flight, the 13 zettabytes which is approximately what we look to go off and try to monetize within our solution set. And as we go off and try to monetize that, we believe