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Data Storage Sales to Remain Steady Despite Decline in PCs - Research Report on EMC, Seagate Technology, Western Digital, SanDisk and Brocade Communications Systems


News provided by

Investors-Alliance

Mar 08, 2013, 08:00 ET

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NEW YORK, March 8, 2013 /PRNewswire/ --

Today, Investors Alliance announced new research reports highlighting EMC Corporation (NYSE:EMC), Seagate Technology PLC (NASDAQ:STX), Western Digital Corp. (NASDAQ:WDC), SanDisk Corporation (NASDAQ:SNDK) and Brocade Communications Systems, Inc. (NASDAQ:BRCD). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

EMC Corporation Research Report

EMC announced a new line of PCI-Express flash memory cards to provide quick-to-access storage inside servers, with enterprise multi-level-cell models with 550GB and 2.2TB capacities. The PCIe cards, branded XtremSF, reduce CPU utilization by up to 50 percent, and provide 58 percent better total cost of ownership than other offerings, according to the press release. In the second quarter of 2013, the company will be releasing 700GB and 1.4TB models of the XtremSF, and will be releasing more sizes moving forward. Last year, the company introduced two PCIe cards under the VFCache brand, in 350GB and 700GB capacities. XtremSF can be deployed as either direct attached storage that sits within the server to deliver high performance or can be used alongside server caching software to turbocharge network storage array performance while maintaining the level of protection required by mission-critical application environments. The Full Research Report on EMC Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/1f5e_EMC]

--

Seagate Technology PLC Research Report

Seagate announced that it will be rolling out its new generation of solid state hybrid drives to customers this week, headlined by its 7mm-thin Seagate Laptop Thin designed for thin and light laptops, which could deliver speedy performance and high storage capacity at affordable prices. The drive is a combination of a traditional and economically-priced hard drive and a high-speed yet expensive flash-based solid state drive. Capacity options are up to 2 terabytes with 8 gigabytes of NAND Flash for its regular-sized drives for desktop PCs, while the 7mm-thin version is up to 500 GB. In other news, some analysts see the possibility of a Seagate-Western Digital merger amid the shift from traditional PCs to mobile devices, as the outlook for the DRAM market continues to deteriorate and antitrust concerns dissipate. The Full Research Report on Seagate Technology PLC - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/8fd9_STX]

--

Western Digital Corp. Research Report

Financial news provider The Street has reiterated its "buy" rating on Western Digital recently, citing strengths in revenue growth, debt management, stock price, earnings per share growth, and net income growth. This is reeling from the company's better-than-expected Q4 2012 numbers despite fears of an industry-wide decline, with a 90 percent growth in net revenues year over year and a 108 percent rise in shipments compared to the previous year. Analysts believe that while the market for traditional hard drives is slowly diminishing with the decline of PCs in favor of mobile devices, Western Digital could still benefit from rising demand for external hard drives and cloud storage. The Full Research Report on Western Digital Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7618_WDC]

--

SanDisk Corporation Research Report

Flash memory storage manufacturer SanDisk partnered with chipmaker NVIDIA with its iNAND Extreme embedded flash drive optimized for NVIDIA's Tegra 4 mobile processors. The two companies will be working on tablet reference designs based on Tegra 4 to speed up the process of developing new tablets based on the chip. iNAND Extreme is built on SanDisk's 19 nanometer process technology, designed for use in the new generation of tablets, smartphones and other mobile devices. It also helps improve multimedia synchronization speeds, file-transfer rates, and operating-system responsiveness. In other news, SanDisk's stock was rated a "buy" by The Street, citing good debt levels and cash flow. The Full Research SanDisk Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/d825_SNDK]

--

Brocade Communications Systems, Inc. Research Report

Brocade released its Q1 2013 results last month, beating expectations in both revenue and earnings per share. The company notched revenue of $588.7 million, up 5 percent than the prior-year quarter's $560.6 million, while earnings came in at a loss of 5 cents per share, down from the 12 cents per share it earned year over year. In comparison, analysts expected revenue of $575.6 million and earnings of 16 per share. The growth was driven by its storage and IP networking businesses. For the current quarter, the average estimate for revenue is $563 million, and earnings of 15 cents per share. For the full year, revenue is expected at $2.31 billion and earnings of 63 cents per share. The Full Research Report on Brocade Communications Systems, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/5075_BRCD]

--

Consider Investors Alliance

Tired of hearing about the latest, greatest trade opportunity... only to realize that the ship has long sailed? You need a strong, informative community in your arsenal. Join the group that has been consistently identifying momentous situations as they develop - long before they become the next top news on major financial networks.

Contact: Patricia Byers
Email: [email protected]
Main: +1-480-745-7826

SOURCE Investors-Alliance

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