Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (6414)	5/22/1999 8:46:00 PM
From: Gottfried	Read Replies (1) \| Respond to of 9256

Sam, very interesting and there was an accurate number for IBM's revenues... IBM remained the No. 2 drive producer. Its 1998 revenue of $5.6- billion, up a whopping 47 percent from 1997, brought it to within striking distance of Seagate. I thought that number hadn't been released because Jim Porter seemed to be guessing at it in this morning's article on IBM moving some DD work to Fujisawa... IBM doesn't break out sales of disk drives individually but Jim Porter, founder of the market research firm Disk/Trends Inc. in Mountain View, estimated that the profitable business had revenues of between $4 billion and $6 billion in 1998. Overall, Disk/Trend estimated the 1998 market for hard drives was $34 billion. mercurynews.com G.