iSuppli Says Western Digital (WDC) HDD Shipments Surpassed Seagate (STX) for the First Time Q/Q, Revs Still Shy

June 2, 2010 9:54 AM EDT
According to data from iSuppli, shipments of Hard Disk Drives (HDD) from Western Digital (NYSE: WDC) surpassed Seagate Technology (NYSE: STX) for the first time on a quarterly basis.

For the quarter, WDC shippped 51.1 million HDDs, up 3.2% from 49.5 million shipped in Q409. STX, on the other hand, shipped only 50.3 million units, up 0.8% from 49.9 million for Q409.

Despite this news, iSuppli reports that STX had revs of $3.1 billion, compared to only $2.64 billion for WDC. This is an indicator that STX still has a grip on the higher-end, wider-margin market.

Others rounding out the top five in HDD sales are Hitachi (NYSE: HIT) Global Storage Technologies, Toshiba/Fujitsu and Samsung Electronics Co. Ltd. Hitachi also posted the stronger Q/Q growth at 13.9%.

The future will hold some uncertainty for the companies as well, as many plan to increase their CapEx spending over the next several years to facilitate expansion.

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