Seagate today announced its fiscal third quarter financial report.
As of March 30, 2018, Seagate’s quarterly revenue was US$2,803 million, a year-on-year increase of 5%, and gross profit margin was 30.2%, down 0.2% year-on-year. 4. The net profit was 381 million U.S. dollars, which soared by 96% year-on-year and almost doubled.
Although Seagate no longer announced specific numbers of hard disk shipments, it can still be derived: The total capacity of hard disks shipped in the previous quarter was 87.4 EB. The average single disk capacity was 2.4 TB. The conversion rate was 36.4 million.
The previous quarter was 87.5 EB, 2.2 TB, 39.8 million, compared with 65.5 EB, 1.8 TB, and 36.4 million in the same period last year.
In other words, Seagate's hard disk shipments during the quarter were flat year-on-year, down 8.5% month-on-month, and the average capacity continued to increase substantially, showing the high market demand for large-capacity hard drives.
