Breaking Down Revenue Trends: Western Digital Corporation vs Seagate Technology Holdings plc

Explore the revenue battle between Western Digital and Seagate.

__timestampSeagate Technology Holdings plcWestern Digital Corporation
Wednesday, January 1, 20141372400000015130000000
Thursday, January 1, 20151373900000014572000000
Friday, January 1, 20161116000000012994000000
Sunday, January 1, 20171077100000019093000000
Monday, January 1, 20181118400000020647000000
Tuesday, January 1, 20191039000000016569000000
Wednesday, January 1, 20201050900000016736000000
Friday, January 1, 20211068100000016922000000
Saturday, January 1, 20221166100000018793000000
Sunday, January 1, 2023738400000012318000000
Monday, January 1, 2024655100000013003000000
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Unleashing the power of data

Revenue Trends: Western Digital vs. Seagate

In the ever-evolving landscape of data storage, Western Digital Corporation and Seagate Technology Holdings plc have been pivotal players. From 2014 to 2024, these giants have navigated the ebbs and flows of the market, with Western Digital consistently outpacing Seagate in revenue. Notably, Western Digital's revenue peaked in 2018, reaching approximately 2.06 times that of Seagate's. However, both companies faced a downturn in 2023, with Seagate's revenue dropping by nearly 37% from its 2014 levels, while Western Digital saw a 19% decline. This trend highlights the challenges in the data storage industry, driven by technological shifts and market demands. As we look to 2024, the data suggests a potential stabilization, but the competitive landscape remains fierce. Understanding these trends is crucial for investors and industry watchers alike, as they reflect broader shifts in technology and consumer behavior.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025