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Computer Storage and Peripherals

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  • Jan 26- Hard-drive maker Seagate Technology Plc's quarterly revenue rose 4.8 percent, helped by higher demand for its cloud storage products. The net income attributable to Seagate rose to $933 million, or $2.78 per share, in the second quarter ended Jan. 2 from $428 million, or $1.24 per share, a year earlier. Revenue rose to $3.70 billion from $3.53 billion.

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until mid-year due to lean inventory levels. SanDisk's failure to add production capacity in the past two years has led to the weaker-than-expected forecast,...

  • Jan 21- Memory chipmaker SanDisk Corp forecast current-quarter and full-year 2015 revenue well below Wall Street expectations, saying it would be unable to meet demand for flash memory storage chips until the mid-year, due to lean inventory levels. Shares of the company, which supplies memory chips for Apple Inc's iPhones, fell about 8 percent to $74.05 in...

  • UPDATE 2-SanDisk's memory chip sales weak, shares fall Monday, 12 Jan 2015 | 11:38 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than its forecast, citing weaker-than-expected sales of retail products and flash memory storage chips. SanDisk's warning also spooked investors in rival Micron Technology, whose stock was down 5 percent. Analysts said SanDisk's weak revenue forecast was partly due to a glut in the...

  • SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 11:01 AM ET
    SanDisk iXpand

    SanDisk said it expects revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips.

  • UPDATE 1-SanDisk cuts revenue forecast, shares fall Monday, 12 Jan 2015 | 10:09 AM ET

    Jan 12- SanDisk Corp said it expects fourth-quarter revenue to be lower than it had forecast, citing weaker-than-expected sales of retail products and NAND storage chips. SanDisk, which is increasingly using its chips to build and sell solid-state drives directly to companies and consumers, had already warned of supply constraints for the quarter.

  • NEW YORK, Dec 17- BlackBerry Ltd launched its long-awaited Classic device on Wednesday, a smartphone it hopes will help it win back market share and woo those still using older versions of its physical keyboard devices. The Waterloo, Ontario- based mobile technology said the new device, which bears a striking similarity to its once-bestselling Bold and Curve...

  • FBI SAYS THAT DESTRUCTIVE MALWARE IS CAPABLE OF WIPING DATA ON HARD DRIVES, MAKING IT EXTREMELY DIFICULT, IF NOT IMPOSSIBLE TO RECOVER DATA.

  • Seagate revenue up on PC, cloud products Monday, 27 Oct 2014 | 10:59 AM ET

    Seagate Technology reported an 8.5 percent rise in revenue, helped by higher demand for its personal computer and cloud storage products.

  • Cisco's not buying EMC: CEO John Chambers Wednesday, 24 Sep 2014 | 11:40 AM ET
    Cisco CEO John Chambers

    Cisco CEO John Chambers shot down rumors Wednesday that his company was a possible buyer of computer storage company EMC.

  • SanDisk to buy Fusion-io for $1.1 billion Monday, 16 Jun 2014 | 11:59 AM ET

    Chipmaker SanDisk said it would buy flash storage device maker Fusion-io for about $1.1 billion.

  • Dropbox was accidentally leaking data: BBC report Tuesday, 6 May 2014 | 12:38 PM ET

    Cloud storage company Dropbox recently corrected a bug that allowed potentially sensitive data to leak to the Internet at large, reported the BBC.

  • HP tops Wall Street's earnings, revenue forecast Thursday, 20 Feb 2014 | 4:17 PM ET
    Ports on a storage and server tower are displayed during the HP Discover 2013 conference in Las Vegas.

    Hewlett-Packard reported quarterly earnings and revenue that beat analysts' expectations on Thursday.

  • Gang held over 'audacious' Santander hacking plot Saturday, 14 Sep 2013 | 6:05 AM ET

    British police smashed an "audacious" and sophisticated plot to take control of the bank Santander UK's computer systems and steal millions of pounds.

  • Hard Times Ahead for Hard Drive Business: Chanos Wednesday, 8 May 2013 | 6:36 PM ET

    Mobile computing is bad news for the hard-drive business, Kynikos Associates founder Jim Chanos told the audience at the Ira Sohn investment conference Tuesday.

  • Semiconductors May Be Having an Existential Crisis Thursday, 11 Apr 2013 | 12:13 PM ET
    NXP Semiconductors

    IDC report shows much greater declines in PC shipments than expected, but a long piece on the semiconductor industry by Barclays is also getting a lot of attention.

  • IBM Earnings and Revenue Exceed Expectations Tuesday, 22 Jan 2013 | 4:19 PM ET
    IBM

    IBM reported quarterly earnings and revenue Tuesday that exceeded analysts' predictions. Shares rose after-hours.

  • Will Electronic Device Sales Light Up the Holidays? Wednesday, 14 Nov 2012 | 3:32 PM ET
    Is It Worth It? A Look at Layaway and Toy Reservations

    There’s little doubt Americans love their electronic devices. But questions remain over whether the affection for tablets and smartphones will ring up a happy holiday.

  • Baxter Is Not Your Typical Robot Wednesday, 10 Oct 2012 | 12:26 PM ET
    Baxter Robot

    That may sound strange, but in a world where robots are becoming more common on assembly lines, in manufacturing plants and shipping centers, Baxter takes robotics to a new level.

  • Outdated Business Model? Try Predictive Analytics Wednesday, 10 Oct 2012 | 12:25 PM ET
    predictive-analytics-200.jpg

    Industries across the board are embracing the idea of collecting and analyzing data to predict future outcomes as a way to enhance product quality and gain a competitive edge.