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Seagate Updates Hard Drive Forecast Discussion

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In a filing with the SEC yesterday, Seagate provided an update on their view of the hard drive shortage. Seagate confirmed their 180 million unconstrained demand number for hard drives in the fourth quarter of this year, and estimates the market will be able to deliver 110-120 million units of that demand. Of that Seagate expects to ship 41 - 45 million units, which is the lower middle of their 40-50 million broad estimate provided on their last quarterly call.

Seagate Updates Hard Drive Forecast

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