Exclusive Earnings Interview with CEO of Seagate Bill Watkins – Bizarre Industry Pricing

April 17th, 2007 |
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I had a chance to sit down and talk with Seagate’s CEO Bill Watkins about Seagate’s Q3 results. The San Jose Mercury News recently reported that Seagate has revised it’s estimates but Seagate continues to be the big fish in the disk drive waters.

Watch the PodTech exclusive video podcast to hear directly from Bill Watkins on Seagate’s quarterly results and ongoing outlook.

Bill Watkins talks candidly about their quarterly results and he sees an industry that is growing into all things digital. Relating to this past quarter Bill comments on the pricing strategies of the competition. He sees what he calls “bizarre pricing’ by his competitors who are willing to lose money just to stay competitive. Seagate is known for their operational efficiencies so Watkins is very confident that Seagate will prevail. He says that they need to be smarter.

Seagate recently completed the acquisition of Maxtor and rolled out a new consumer line of drives. I have been really impressed with Seagate’s recent moves. They remain competitive with their products and have leadership in their technology. With everyone moving to HD and embedding digital in the lives, I expect that storage companies will continue to be part of user’s lives.

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