STX Seagate Technology Holdings PLC

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The negative effects of flooding in Thailand on the supply and demand equation of a number of computer parts have affected several companies in the Data Storage Devices industry. Nevertheless, increased demand has helped to offset the downward pressure. This is a positive sign for companies like Seagate Technology and EMC Corporation moving forward. www.SignalWatcher.com gives traders a unique insight about Seagate Technology and EMC Corporation by registering now at http://signalwatcher.com/STX/March202012.php or http://signalwatcher.com/EMC/March202012.php.

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With demand on the rise and the arena of cloud computing offering a strong source of revenue, several companies have been turning in stellar quarterly and full year reports. Seagate Technology saw its net income improve tremendously to $563 million in its most recent quarter, and also saw revenue grow.

On the other hand, EMC has also been on the rise, with 4th quarter GAAP net income jumping 32% year-over-year, and consolidated revenue increasing 14% over the same comparable period. The company also managed to maintain its leading market share position, accounting for more than 25% of the storage software market.

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