Western Digital Posts a Loss but Tops Forecasts - News Summed Up

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Western Digital Posts a Loss but Tops Forecasts


Western Digital Corp. swung to a loss in its latest quarter as the disk-drive maker folds in the recently acquired SanDisk business. Western Digital recently bought SanDisk, where sales of enterprise solutions, client SSDs and removable products have been rising. The Irvine, Calif. company has been moving into flash-storage technology as disk-drive sales dwindle. Chief Executive Steve Milligan called its fiscal 2016, which...


Source: Wall Street Journal July 28, 2016 20:48 UTC



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