Seagate Announces Q4 FY2023 and Full Year Results

Seagate Announces Q4 FY2023 and Full Year Results

Chris EvansAll-Flash Storage, Cloud, Cloud Practice, Cloud Storage, Data Practice: Data Storage, Enterprise, Individual Subscribers, Opinion, Seagate Technology, Storage, Storage Hardware

Seagate Technology has published disappointing full-year results for the financial year ended 2023, which show the company made a loss and saw revenue fall by 37%, year-on-year. Is 2023 a blip or the harbinger of the long-term decline in the hard drive business?

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