CEO Bill Watkins on Seagate’s Financial Performance and Operational Execution

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The explosion of digital content in the home, the hand, the office and the car has resulted in impressive growth for Seagate. The company reported an increase of over 20% in annual revenue… totaling $9.2 billion for its fiscal year 2006 ending in June. Seagate also generated $1.5 billion in cash from operations during the year, and its integration of recently acquired Maxtor Corp. is proceeding ahead of schedule. CEO Bill Watkins talks about the short-term financial results and longer-term outlook for the company, and why Seagate is poised for even more impressive growth.

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seagate.com

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