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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (4554)	1/28/2021 7:33:11 PM
From: SiliconAlley	Read Replies (1) \| Respond to of 4824

it's doubtful WDC is gaining share Again, they are gaining share. You can easily pay for the data and look at it. Last year gross margins were 25.9%, this year 26.4%. So gross margins are up by half a percent, while sales declined 7%, compared to last year. Gross margin dollars declined. It's going the wrong way. Yet earnings are 30% above expectations, and the stock is up over 10% after hours. Clearly this company is going in the right direction. COVID cases are up over a million fold since last year; this doesn't mean the human race is about to be wiped out. My understanding is disk drives sales are scheduled for annual declines, in perpetuity. No? No. The market for cold storage is growing by leaps and bounds, and HDD's are where its at.