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Western Digital's first-quarter forecast disappoints as weak cloud demand weighs | WKZO | Everything Kalamazoo - Vimarsana News

Western Digital's first-quarter forecast disappoints as weak cloud demand weighs | WKZO | Everything Kalamazoo

(Reuters) - Memory chipmaker Western Digital Corp forecast first-quarter revenue below Wall Street targets and a bigger-than-expected loss on Monday a...

Source: wkzo.com
Markets Today: Stocks Push Higher on Strength in China and Europe - Vimarsana News

Markets Today: Stocks Push Higher on Strength in China and Europe

Detailed price information for Hasbro Inc (HAS-Q) from The Globe and Mail including charting and trades.

Western Digital's first-quarter forecast disappoints as weak cloud demand weighs - Vimarsana News

Western Digital's first-quarter forecast disappoints as weak cloud demand weighs

Cloud companies will take another "couple of quarters" to clear out excess inventory, finance chief Wissam Jabre said in June. Cloud revenue fell 53%, to $994 million, in the quarter ended June 30. Large cloud service providers have been in a "very severe inventory digestion phase and kind of took a pause on buying anything," CEO David Goeckeler said.

Source: yahoo.com
Western Digital's first-quarter forecast disappoints as weak cloud demand weighs - Vimarsana News

Western Digital's first-quarter forecast disappoints as weak cloud demand weighs

Cloud companies will take another "couple of quarters" to clear out excess inventory, finance chief Wissam Jabre said in June. Cloud revenue fell 53%, to $994 million, in the quarter ended June 30. Large cloud service providers have been in a "very severe inventory digestion phase and kind of took a pause on buying anything," CEO David Goeckeler said.

Source: yahoo.com
Western Digital's first-quarter forecast disappoints as weak cloud demand weighs - Vimarsana News

Western Digital's first-quarter forecast disappoints as weak cloud demand weighs

(Reuters) - Memory chipmaker Western Digital Corp forecast first-quarter revenue below Wall Street targets and a bigger-than-expected loss on Monday a...

Source: whbl.com