• Welcome to TechPowerUp Forums, Guest! Please check out our forum guidelines for info related to our community.

Western Digital Announces Record Financial Results

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
47,297 (7.53/day)
Location
Hyderabad, India
System Name RBMK-1000
Processor AMD Ryzen 7 5700G
Motherboard ASUS ROG Strix B450-E Gaming
Cooling DeepCool Gammax L240 V2
Memory 2x 8GB G.Skill Sniper X
Video Card(s) Palit GeForce RTX 2080 SUPER GameRock
Storage Western Digital Black NVMe 512GB
Display(s) BenQ 1440p 60 Hz 27-inch
Case Corsair Carbide 100R
Audio Device(s) ASUS SupremeFX S1220A
Power Supply Cooler Master MWE Gold 650W
Mouse ASUS ROG Strix Impact
Keyboard Gamdias Hermes E2
Software Windows 11 Pro
Western Digital Corp. (NASDAQ: WDC) today reported revenue of $12.5 billion and net income of $1.6 billion, or $6.58 per share for fiscal year 2012, compared to fiscal 2011 revenue of $9.5 billion and net income of $726 million, or $3.09 per share. On a non-GAAP basis, fiscal 2012 net income was $2.1 billion or $8.61 per share, compared to fiscal 2011 net income of $770 million or $3.28 per share. Both the GAAP and non-GAAP fiscal 2012 results include results from the company's newly acquired HGST subsidiary from the acquisition date of March 8 through the end of fiscal 2012.

For its fourth fiscal quarter ended June 29, 2012, the company reported revenue of $4.8 billion, hard-drive shipments of 71.0 million and net income of $745 million, or $2.87 per share. On a non-GAAP basis, net income was $872 million, or $3.35 per share.2 In the year-ago quarter, the company reported revenue of $2.4 billion, net income of $158 million, or $0.67 per share, and shipped 53.8 million hard drives. Non-GAAP net income in the year-ago quarter was $193 million, or $0.81 per share.

The company generated $1.1 billion in cash from operations during the June quarter, ending with total cash and cash equivalents of $3.2 billion. During the quarter, the company repaid $558 million of debt and spent $604 million to buy back over 16 million shares of common stock.

"Fiscal 2012 was one of the most challenging and exciting years in our 42-year history," said John Coyne, chief executive officer. "While responding to two major natural disasters and completing the largest acquisition in the history of the industry, we achieved year-over-year revenue growth of 31 percent and more than doubled earnings per share.

"In the June quarter, demand was in line with our forecast as industry shipments reached 157 million units, bringing total HDD shipments for the year to 599 million units. Our WD and HGST subsidiaries both performed ahead of plan in Q4, delivering great products with consistent execution, resulting in strong revenue growth, gross margin and cash flows."

The investment community conference call to discuss these results and the company's September quarter and fiscal year 2013 outlook will be broadcast live over the Internet today at 2 p.m. Pacific/5 p.m. Eastern. The live and archived conference call webcast can be accessed online at investor.wdc.com. The telephone replay number is 800-274-1341 in the U.S. or +1-203-369-3636 for international callers.

View at TechPowerUp Main Site
 

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
47,297 (7.53/day)
Location
Hyderabad, India
System Name RBMK-1000
Processor AMD Ryzen 7 5700G
Motherboard ASUS ROG Strix B450-E Gaming
Cooling DeepCool Gammax L240 V2
Memory 2x 8GB G.Skill Sniper X
Video Card(s) Palit GeForce RTX 2080 SUPER GameRock
Storage Western Digital Black NVMe 512GB
Display(s) BenQ 1440p 60 Hz 27-inch
Case Corsair Carbide 100R
Audio Device(s) ASUS SupremeFX S1220A
Power Supply Cooler Master MWE Gold 650W
Mouse ASUS ROG Strix Impact
Keyboard Gamdias Hermes E2
Software Windows 11 Pro
Record results, and Thailand flood situation isn't "over" (HDD prices not back to normal).
 

btarunr

Editor & Senior Moderator
Staff member
Joined
Oct 9, 2007
Messages
47,297 (7.53/day)
Location
Hyderabad, India
System Name RBMK-1000
Processor AMD Ryzen 7 5700G
Motherboard ASUS ROG Strix B450-E Gaming
Cooling DeepCool Gammax L240 V2
Memory 2x 8GB G.Skill Sniper X
Video Card(s) Palit GeForce RTX 2080 SUPER GameRock
Storage Western Digital Black NVMe 512GB
Display(s) BenQ 1440p 60 Hz 27-inch
Case Corsair Carbide 100R
Audio Device(s) ASUS SupremeFX S1220A
Power Supply Cooler Master MWE Gold 650W
Mouse ASUS ROG Strix Impact
Keyboard Gamdias Hermes E2
Software Windows 11 Pro
Joined
May 22, 2010
Messages
2,516 (0.47/day)
Location
Canada
System Name m1dg3t | DeathBox | HairPi 3
Processor 3570k @ 4.0 1.15v BIOS | q9550 @ 3.77 1.325v BIOS
Motherboard Asrock z77e iTX | p5q Dlx 2301 BIOS
Cooling Custom Water | D-14 & HR-03gt | Passive HSF
Memory Samsung MV-3V4G3D 4g x 2 @ 1866 1.35v | OcZ RpR 2g x 4 @ 1067 2.2v
Video Card(s) MSi 7950 tf3 @1000 / 1350 | Asus 5870 V2 @ 900 / 1275
Storage Adata sx900 256Gb / WD 2500 HHTZ | WD 1001 FALS x 2
Display(s) BenQ gw2750hm | 46" Sharp Quatron
Case BitFenix Prodigy - m0dd3d | Antec Fusion Remote MAX
Audio Device(s) Onboard Toslink > Yamaha HTR 6290 | Xonar HDAV1.3 > Yamaha DSP z7
Power Supply Ocz mXp700w | Ocz zx850w | Cannakit 5v 2.5a
Mouse Logitech G700s | Logitech G9x - Cable Repaired
Keyboard TT Meka G1 - Black w Cherry Blacks| Logitech G11
Software Win7 Home | Xp sp3 & Vista ultimate | Raspbian
Benchmark Scores Epeen!! Who needs epeen??

W1zzard

Administrator
Staff member
Joined
May 14, 2004
Messages
27,964 (3.71/day)
Processor Ryzen 7 5700X
Memory 48 GB
Video Card(s) RTX 4080
Storage 2x HDD RAID 1, 3x M.2 NVMe
Display(s) 30" 2560x1600 + 19" 1280x1024
Software Windows 10 64-bit
I suggest the following math for the EU commission:

Drives sold: 71 million vs. 54 million = +31%
Profit for 54 million drives = 770M .. let's add 31% = 950M

Current net income: 1600M ... minus 950M = 700M -> 700M stolen from the customer.

Gotta love that shortage, eh?
31% more drives sold shortage
 
Joined
May 22, 2010
Messages
2,516 (0.47/day)
Location
Canada
System Name m1dg3t | DeathBox | HairPi 3
Processor 3570k @ 4.0 1.15v BIOS | q9550 @ 3.77 1.325v BIOS
Motherboard Asrock z77e iTX | p5q Dlx 2301 BIOS
Cooling Custom Water | D-14 & HR-03gt | Passive HSF
Memory Samsung MV-3V4G3D 4g x 2 @ 1866 1.35v | OcZ RpR 2g x 4 @ 1067 2.2v
Video Card(s) MSi 7950 tf3 @1000 / 1350 | Asus 5870 V2 @ 900 / 1275
Storage Adata sx900 256Gb / WD 2500 HHTZ | WD 1001 FALS x 2
Display(s) BenQ gw2750hm | 46" Sharp Quatron
Case BitFenix Prodigy - m0dd3d | Antec Fusion Remote MAX
Audio Device(s) Onboard Toslink > Yamaha HTR 6290 | Xonar HDAV1.3 > Yamaha DSP z7
Power Supply Ocz mXp700w | Ocz zx850w | Cannakit 5v 2.5a
Mouse Logitech G700s | Logitech G9x - Cable Repaired
Keyboard TT Meka G1 - Black w Cherry Blacks| Logitech G11
Software Win7 Home | Xp sp3 & Vista ultimate | Raspbian
Benchmark Scores Epeen!! Who needs epeen??
I suggest the following math for the EU commission:

Drives sold: 71 million vs. 54 million = +31%
Profit for 54 million drives = 770M .. let's add 31% = 950M

Current net income: 1600M ... minus 950M = 700M -> 700M stolen from the customer.


31% more drives sold shortage

Exactly. Like i said in some thread before; they introduced/"faked" scarcity to drive prices, and therefore, profits through the roof! It's an old trick used to make large profits quickly without spending much. The actual flood made it that much easier/believeable :eek:

But people laughed at me saying they wouldn't/couldn't do that. Oh :shadedshu no they couldn't :rolleyes: :roll:
 
Last edited:
Joined
Oct 29, 2010
Messages
2,972 (0.58/day)
System Name Old Fart / Young Dude
Processor 2500K / 6600K
Motherboard ASRock P67Extreme4 / Gigabyte GA-Z170-HD3 DDR3
Cooling CM Hyper TX3 / CM Hyper 212 EVO
Memory 16 GB Kingston HyperX / 16 GB G.Skill Ripjaws X
Video Card(s) Gigabyte GTX 1050 Ti / INNO3D RTX 2060
Storage SSD, some WD and lots of Samsungs
Display(s) BenQ GW2470 / LG UHD 43" TV
Case Cooler Master CM690 II Advanced / Thermaltake Core v31
Audio Device(s) Asus Xonar D1/Denon PMA500AE/Wharfedale D 10.1/ FiiO D03K/ JBL LSR 305
Power Supply Corsair TX650 / Corsair TX650M
Mouse Steelseries Rival 100 / Rival 110
Keyboard Sidewinder/ Steelseries Apex 150
Software Windows 10 / Windows 10 Pro
Although I suspected this I'm so mad that I can't even have a proper comment. They can all burn in hell!
 
Joined
Dec 9, 2007
Messages
746 (0.12/day)
:shadedshu Bastards! How the hell can the EU and their cohorts punish Google (which is already being attacked by all sides), and NOT initiate a thorough investigation into this hard drive business duopoly?!? This is pissing me off! :mad:
 
Joined
Oct 2, 2005
Messages
3,059 (0.44/day)
Location
Baltimore MD
Processor Ryzen 5900X
Motherboard ASUS Prime X470 Pro
Cooling Arctic liquid freezer II 240
Memory 2 x 16 Gb Gskill Trident Z 3600 Mhz
Video Card(s) MSI Ventus 3060 Ti OC
Storage Samsung 960 EVO 500 Gb / 860 EVO 1 Tb
Display(s) Dell S2719DGF
Case Lian Li Lancool II Mesh
Audio Device(s) Soundblaster Z
Power Supply Corsair RM850x
Mouse Logitech G703
Keyboard Logitech G513
Software Win 11
I love how the courts will go nuts when company's try to pull one over on other company's.
But when company's try to pull one over on consumers there turn a blind eye and deaf ear.
 
Joined
Sep 25, 2009
Messages
13 (0.00/day)
System Name CLEVO P170HMx
Processor Intel Core i7 2630QM @ 2.00GHz
Motherboard CLEVO P170HMx (SOCKET 0)
Cooling Cooler Master NotePal U3
Memory 10.0 GB Samgun Dual-Channel DDR3 @ 665MHz (9-9-9-24)12GB (3x 4GB) DDR3-1333 MHz
Video Card(s) ATI Radeon 6970m
Storage 120GB INTEL 510, 512GB Western Digital WDC WD5000BPVT
Display(s) AU Optronics AUO B173HW01 V5, Samsung UN46ES6500 1080p 120Hz 3D
Audio Device(s) Realtek High Definition Audio
Software MS Windows 7 Ultimate 64-bit SP1
And how r the prices supposed to be??
I remember buying 2x3TB external hdd this month and last year, 150$ each. Is that pricey?
 
Joined
Sep 15, 2011
Messages
6,761 (1.39/day)
Processor Intel® Core™ i7-13700K
Motherboard Gigabyte Z790 Aorus Elite AX
Cooling Noctua NH-D15
Memory 32GB(2x16) DDR5@6600MHz G-Skill Trident Z5
Video Card(s) ZOTAC GAMING GeForce RTX 3080 AMP Holo
Storage 2TB SK Platinum P41 SSD + 4TB SanDisk Ultra SSD + 500GB Samsung 840 EVO SSD
Display(s) Acer Predator X34 3440x1440@100Hz G-Sync
Case NZXT PHANTOM410-BK
Audio Device(s) Creative X-Fi Titanium PCIe
Power Supply Corsair 850W
Mouse Logitech Hero G502 SE
Software Windows 11 Pro - 64bit
Benchmark Scores 30FPS in NFS:Rivals
Well, is funny how a ..."natural disaster" can double your profits, right? ;)
 
Joined
Jun 27, 2011
Messages
6,772 (1.37/day)
Processor 7800x3d
Motherboard Gigabyte B650 Auros Elite AX
Cooling Custom Water
Memory GSKILL 2x16gb 6000mhz Cas 30 with custom timings
Video Card(s) MSI RX 6750 XT MECH 2X 12G OC
Storage Adata SX8200 1tb with Windows, Samsung 990 Pro 2tb with games
Display(s) HP Omen 27q QHD 165hz
Case ThermalTake P3
Power Supply SuperFlower Leadex Titanium
Software Windows 11 64 Bit
Benchmark Scores CB23: 1811 / 19424 CB24: 1136 / 7687
And how r the prices supposed to be??
I remember buying 2x3TB external hdd this month and last year, 150$ each. Is that pricey?

Today, you only get one 3tb hdd for that price at newegg

Do you think they are pricy now?
 
Joined
Sep 25, 2009
Messages
13 (0.00/day)
System Name CLEVO P170HMx
Processor Intel Core i7 2630QM @ 2.00GHz
Motherboard CLEVO P170HMx (SOCKET 0)
Cooling Cooler Master NotePal U3
Memory 10.0 GB Samgun Dual-Channel DDR3 @ 665MHz (9-9-9-24)12GB (3x 4GB) DDR3-1333 MHz
Video Card(s) ATI Radeon 6970m
Storage 120GB INTEL 510, 512GB Western Digital WDC WD5000BPVT
Display(s) AU Optronics AUO B173HW01 V5, Samsung UN46ES6500 1080p 120Hz 3D
Audio Device(s) Realtek High Definition Audio
Software MS Windows 7 Ultimate 64-bit SP1
Today, you only get one 3tb hdd for that price at newegg

Do you think they are pricy now?

Never bought from the egg before.
Amazon has 2tb 110$ ~ 3tb 150$ since last year, though
 
Joined
Jun 27, 2011
Messages
6,772 (1.37/day)
Processor 7800x3d
Motherboard Gigabyte B650 Auros Elite AX
Cooling Custom Water
Memory GSKILL 2x16gb 6000mhz Cas 30 with custom timings
Video Card(s) MSI RX 6750 XT MECH 2X 12G OC
Storage Adata SX8200 1tb with Windows, Samsung 990 Pro 2tb with games
Display(s) HP Omen 27q QHD 165hz
Case ThermalTake P3
Power Supply SuperFlower Leadex Titanium
Software Windows 11 64 Bit
Benchmark Scores CB23: 1811 / 19424 CB24: 1136 / 7687
Never bought from the egg before.
Amazon has 2tb 110$ ~ 3tb 150$ since last year, though

Same price at newegg as my link showed. The 3tb price point right now is $150. I also thought you said $150 for both not each. That was my mistake. I got my 500gb hdd for $50 before hdd's got expensive. Today its $80
 
Joined
Sep 25, 2009
Messages
13 (0.00/day)
System Name CLEVO P170HMx
Processor Intel Core i7 2630QM @ 2.00GHz
Motherboard CLEVO P170HMx (SOCKET 0)
Cooling Cooler Master NotePal U3
Memory 10.0 GB Samgun Dual-Channel DDR3 @ 665MHz (9-9-9-24)12GB (3x 4GB) DDR3-1333 MHz
Video Card(s) ATI Radeon 6970m
Storage 120GB INTEL 510, 512GB Western Digital WDC WD5000BPVT
Display(s) AU Optronics AUO B173HW01 V5, Samsung UN46ES6500 1080p 120Hz 3D
Audio Device(s) Realtek High Definition Audio
Software MS Windows 7 Ultimate 64-bit SP1
ok, I get your point now.
Kinda high for small sizes, not so much for big disk. Good for me at least:D
 
Joined
Nov 18, 2011
Messages
245 (0.05/day)
Year before last I was getting 1TB spinpoints for 50 dollars, that's why this is disappointing.
 
Joined
Oct 2, 2004
Messages
13,791 (1.87/day)
Like i said, the flood was just a lame excuse for price adjustment. You can't complain over horrible production loses on one end and report record income and profit on other end. It's just not logical unless you did it intentionally. Not the flooding, but the use of it to boost your income.
I hope they burn in hell.
 
Joined
Oct 8, 2006
Messages
173 (0.03/day)
the good thing out of this is that ssd's are going down in price and starting to push out hard drives.
 

Riotpump

New Member
Joined
Jul 17, 2011
Messages
70 (0.01/day)
Location
Chicago, IL
System Name Hennyville
Processor Intel i5 2500k @ 4.2GHz
Motherboard MSI P67A-C43(gotta love OC genie)
Cooling Cooler Master Hyper N520
Memory Patriot G Series S5 8GB (2x 4GB) DDR3
Video Card(s) XFX Raedon HD 5750 1GB (OC'ed to stock 5770)
Storage 750GB Seagate Baracuda sata, 500GB Western Digital Blue sata, 650GB Samsung sata
Display(s) Dell E198WFP (1440x900)
Case Cooler Master HAF 922
Audio Device(s) onboard
Power Supply Ultra LSP750
Software Windows 7 Home Premium OEM 64bit w/ Windows 8 Metro UI overlay(Rainmeter)
Yeah thanks to this my next drive will more than likely be an SSD. At least their prices are actually dropping.
 
Joined
May 14, 2012
Messages
891 (0.19/day)
Location
US
Processor AMD Ryzen 5 1600X
Motherboard AsRock X370 Taichi
Cooling Corsair H60 Liquid Cooling
Memory 16 GB CORSAIR Vengeance LPX 3000 Mhz (Running at 2933)
Video Card(s) EVGA FTW2 GTX 1070Ti
Storage 740GB of SSDs, 7 TB's of HDDs
Display(s) LG 27UD58P-B 27” IPS 4K
Case Phanteks Enthos Pro M
Audio Device(s) Integrated
Power Supply EVGA 750 P2
Mouse Mionix Naos 8200
Keyboard G Skill Ripjaws RGB Mechanical Keyboard
Software Windows 10 Pro
No wonder they are making record profits price gouging off of the floods
 
Joined
Feb 3, 2012
Messages
202 (0.04/day)
Location
Tottenham ON
System Name Current
Processor i7 12700k
Motherboard Asus Prime Z690-A
Cooling Noctua NHD15s
Memory 32GB G.Skill
Video Card(s) GTX 1070Ti
Storage WD SN-850 2TB
Display(s) LG Ultragear 27GL850-B
Case Fractal Meshify 2 Compact
Audio Device(s) Onboard
Power Supply Seasonic 1000W Titanium
I haven't bought a HDD since the prices first shot up, I did pick up 4 SSDs since then now that SSD pricing has come down so much.
 
Joined
Aug 17, 2009
Messages
1,585 (0.28/day)
Location
Los Angeles/Orange County CA
System Name Vulcan
Processor i6 6600K
Motherboard GIGABYTE Z170X UD3
Cooling Thermaltake Frio Silent 14
Memory 16GB Corsair Vengeance LPX 16GB (2 x 8GB)
Video Card(s) ASUS Strix GTX 970
Storage Mushkin Enhanced Reactor 1TB SSD
Display(s) QNIX 27 Inch 1440p
Case Fractal Design Define S
Audio Device(s) On Board
Power Supply Cooler Master V750
Software Win 10 64-bit
I was assured by someone that the cost raises were adjustments to the flood situation and I just don't understand business like he did.

But why so much extra profit then? Maybe I do know business.
 
Joined
Nov 2, 2008
Messages
887 (0.15/day)
Processor Intel Core i3-8100
Motherboard ASRock H370 Pro4
Cooling Cryorig M9i
Memory 16GB G.Skill Aegis DDR4-2400
Video Card(s) Gigabyte GeForce GTX 1060 WindForce OC 3GB
Storage Crucial MX500 512GB SSD
Display(s) Dell S2316M LCD
Case Fractal Design Define R4 Black Pearl
Audio Device(s) Realtek ALC892
Power Supply Corsair CX600M
Mouse Logitech M500
Keyboard Lenovo KB1021 USB
Software Windows 10 Professional x64
I suggest the following math for the EU commission:

Drives sold: 71 million vs. 54 million = +31%
Profit for 54 million drives = 770M .. let's add 31% = 950M

Current net income: 1600M ... minus 950M = 700M -> 700M stolen from the customer

profiteer, noun: a person who seeks or exacts exorbitant profits, especially through the sale of scarce or rationed goods.

31% increase in number of drives sold, 73% increase in income. Greedy bastards....
 
Top