Western Digital's (WDC +3%) surge continues on the acquisition of Hitachi's disk-drive business...


Western Digital's (WDC +3%) surge continues on the acquisition of Hitachi's disk-drive business that will boost market share to 50% vs. Seagate's (STX +2.8%) 29%. But the long run doesn't look good for hard drives; tablets could take a big chunk of the market, and remaining suppliers will continue to compete aggressively for market share, keeping a lid on profit potential.

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Comments (2)
  • coloneldebugger
    , contributor
    Comments (916) | Send Message
     
    If they don't evolve with technology they can go stand beside Kodak, Polaroid, and the RIAA
    8 Mar 2011, 03:34 PM Reply Like
  • spald_fr
    , contributor
    Comments (2814) | Send Message
     
    Acquisitions should create economies of scale. Innovations such as flash memory eliminate the need for the economies of scale.
    8 Mar 2011, 03:48 PM Reply Like
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