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