IBM High-End Disk for Open Systems V2












High-End Disk for Open Systems V2 real questions
000-968 Exam Dumps | Real Exam Questions | 000-968 VCE Practice Test


000-968 Exam Dumps Contains Questions From Real 000-968 Exam



Pass4sure 000-968 Dumps that are updated today
If you take a tour on internet for 000-968 dumps, you will see that most of websites are selling outdated braindumps with updated tags. This will become very harmful if you rely on these braindumps. There are several cheap sellers on internet that download free 000-968 PDF from internet and sell in little price. You will waste big money when you compromise on that little fee for 000-968 dumps. They always guide candidates to the right direction. Do not save that little money and take big risk of failing exam. Just choose authentic and valid 000-968 dumps provider and download up to date and valid copy of 000-968 real exam questions. They approve killexams.com as best provider of 000-968 braindumps that will be your life saving choice. It will save you from lot of complications and danger of choose bad braindumps provider. It will provide you trustworthy, approved, valid, up to date and reliable 000-968 dumps that will really work in real 000-968 exam. Next time, you will not search on internet, you will straight come to killexams.com for your future certification guides.

Features of Killexams 000-968 dumps
-> 000-968 Dumps download Access in just 5 min.
-> Complete 000-968 Questions Bank
-> 000-968 Exam Success Guarantee
-> Guaranteed Real 000-968 exam Questions
-> Latest and Updated 000-968 Questions and Answers
-> Verified 000-968 Answers
-> Download 000-968 Exam Files anywhere
-> Unlimited 000-968 VCE Exam Simulator Access
-> Unlimited 000-968 Exam Download
-> Great Discount Coupons
-> 100% Secure Purchase
-> 100% Confidential.
-> 100% Free Dumps Questions for evaluation
-> No Hidden Cost
-> No Monthly Subscription
-> No Auto Renewal
-> 000-968 Exam Update Intimation by Email
-> Free Technical Support

Discount Coupon on Full 000-968 Dumps Question Bank;
WC2017: 60% Flat Discount on each exam
PROF17: 10% Further Discount on Value Greatr than $69
DEAL17: 15% Further Discount on Value Greater than $99


Pass4sure 000-968 exam braindumps with real questions and practice test.
We have awsome real exam 000-968 questions in shape of 000-968 dumps questions that are really help in passing 000-968 exam with high scores. Their experts are available all the time to help their 000-968 test takers to guide them about the accuracy and update. You will receive an intimation email whenever 000-968 exam dumps will be updated and you need to re-download the files again. They keep you up to date about 000-968 dumps questions.

C9510-418 | A2040-403 | LOT-838 | C2090-719 | 000-115 | 000-533 | COG-632 | LOT-954 | LOT-980 | A4040-124 | 00M-245 | C4030-670 | 000-191 | C9050-549 | 000-M43 | C9020-667 | COG-500 | C2020-605 | 000-883 | 000-M46 |



Seagate expertise PLC (STX) Q1 2019 salary call Transcript

Logo of jester cap with thought bubble. picture supply: The Motley fool.

Seagate know-how PLC  (NASDAQ:STX)Q1 2019 revenue CallApril 30, 2019, 9:00 a.m. ET

Contents:
  • organized Remarks
  • Questions and answers
  • name participants
  • prepared Remarks:

    Operator

    decent morning and welcome to the Seagate technology Fiscal Third Quarter 2019 monetary effects conference name. My identify is Amanda, and that i'll be your coordinator for these days. at this time, all individuals are in a pay attention-most effective mode. Following the organized remarks, there will be a question-and-answer session. As a reminder, this convention is being recorded for replay purposes. at the present, i want to turn the name over to Shanye Hudson, vice chairman, Investor family members. Please proceed, Shanye.

    Shanye Hudson -- vp Investor members of the family.

    thank you. respectable morning everyone and welcome to contemporary call. joining me these days are Dave Mosley; Seagate's Chief government Officer and Gianluca Romano, their Chief fiscal Officer. They posted their profits press unencumber and special supplemental assistance for their March 2019 quarter on the Investor component of their web page. they will confer with GAAP and non-GAAP measures, non-GAAP figures are reconciled to GAAP figures in their salary liberate for their March 2019 quarter, which is posted on their site and has been furnished on a form 8-k that turned into filed with the SEC. As a reminder, this name consists of ahead-looking statements, together with their June quarter fiscal outlook and expectations about their fiscal efficiency, market demand, business increase developments, deliberate product introductions, capability to ramp construction, future increase opportunities and regularly occurring market circumstances.

    These statements are in keeping with management's latest views and assumptions and will not be relied upon as of any subsequent date. genuine consequences can also differ materially from today's statements. suggestions concerning their dangers, uncertainties and different components that could trigger outcomes to vary from these forward-looking statements are contained in their most contemporary form 10-ok filed with the SEC and supplemental advice posted on the traders element of their website.

    state-of-the-art call is expected to be approximately 30 minutes in length and they are going to do their most effective to accommodate your questions following their organized remarks if time makes it possible for. starting next quarter, they plan to lengthen their call to 60 minute within the duration.

    And with that, i could flip the name over to you, Dave.

    William David Mosley -- Chief govt Officer

    Thanks, Shanye. decent morning each person and welcome to their quarterly income name, which we're becoming a member of from Dublin, eire. right through present day name, i'll cover the important thing highlights from the March quarter, share some views in the marketplace and outline their development on advancing their expertise roadmap. Gianluca will then discuss details of their March quarter monetary outcomes and supply their outlook for the June quarter. Following their prepared remarks they are able to open the call for questions.

    Seagate achieved well inside the March quarter, navigating challenging company circumstances to bring fiscal effects that met or passed their expectations throughout every monetary metric. They recorded income of $2.31 billion and finished non-GAAP profits per share of $0.eighty three, virtually $0.10 above the excessive conclusion of their tips latitude. Free cash move accelerated to $291 million, up 81% quarter-over-quarter and they back over $0.5 billion to shareholders via dividends and buybacks, demonstrating their lengthy-standing dedication to capital returns.

    We performed these effects via their concentrated efforts to pressure operational efficiencies, handle prices and optimize cash flow technology. Proactively managing the company in the face of distinct profits headwinds. in the side compute market, earnings became impacted by using the anticipated transition to SSDs, ongoing CPU shortages and seasonal demand slowdown for Notebooks and computer PCs. within the surveillance market, salary stay suppressed by economic and geopolitical uncertainties. besides the fact that children, over the long term, they predict the market to develop as digital camera resolution improves to 8 megapixels and pressure the common ability per drive above existing ranges of three to 4 terabytes.

    in the commercial enterprise market, both seasonal and macroeconomic challenges weighed on salary for their nearline drives. earnings from a number of hyperscale shoppers improves a little quarter-over-quarter. although, that profits didn't entirely offset the slower demand from OEM and other international cloud purchasers. As a reminder, demand for their nearline drives began to slow within the December quarter, as cloud service suppliers work throughout the stock built up during calendar 2018. youngsters, they count on this pause to be brief-lived. The demand improvement I simply outlined among select hyperscale clients is a demonstration that they are drawing near the end of this stock digestion section and they are expecting broader demand restoration starting in the second half of the calendar 12 months.

    We also consider one of the slowdown, we're experiencing in their close line product demand it really is attributed to cloud customers waiting for the transition to their next generation high potential drives. they are very joyful to announce that they began delivery their sixteen terabyte drives in late March as planned. they are supplying the business's optimum capability disk drives to allow greater performance at the lowest total charge of ownership for their consumers. skills are below method at many main cloud and commercial enterprise valued clientele. They are expecting to begin ramping to excessive volume later in calendar 2019 and are expecting sixteen terabyte drives should be their optimum revenue skew by using this time next yr.

    For Seagate fiscal 2019 is a 12 months of concentrated execution and technology development and they continue to correctly bring on their plans. They expect to introduce drives with over 20 terabytes of ability in calendar 12 months 2020, in keeping with their imaginative HAMR recording technology. These know-how breakthroughs are gigantic enablers, offering a path of 40 terabytes and higher capacities, it is more than double the capacities available today. while on the identical time making the transition to this new technology seamless for their consumers.

    possibly surest stated by means of one of their giant hyperscale valued clientele working to qualify HAMR, it just works. They also made strides on their multi-actuator expertise. all over the fresh Open Compute venture Summit, they set a brand new speed listing for video streaming information quotes from a hard power. With their MACH.2 dual-actuator, they proven twice the bandwidth in comparison to a single actuator pressure. The fastest ever sustain transfer from a tough power.

    We trust, HAMR identity drives combined with their multi-actuator expertise will no longer best tackle the heavy workloads and high utilization rates required by way of tremendous cloud statistics facilities, but additionally new used instances that are rising at the side. The international Datasphere is anticipated to double as soon as every three years to attain a mind-blowing 175 zettabytes via 2025. This speedy growth in facts introduction is giving upward thrust to new functions including wise cities, sensible factories, genomics, independent automobiles and other IoT applications, all of which employ AI laptop gaining knowledge of to derive cost from big facts. to inform precise-time choice making, they accept as true with extra records processing and computer learning, will need to take place nearer to the supply of facts advent. Seagate has talked about this transition because the IT four.0 period or the upward push in edge computing. They starting to see a construct up in deepest and side cloud environments. to enable quickly and secure access to statistics, 24/7.

    With this transitioned IT 4.0 and linked boom in statistics at the part, provide and demand for nearline drives may also exceed their prior growth estimates of between 35% and forty% over the long run. Importantly Seagate's creative technology portfolio positions us neatly to seize and monetize these alternatives.

    i'll flip the name over to Gianluca to enter extra depth on their third quarter results and share their outlook for the fourth quarter.

    Gianluca Romano -- Chief economic Officer

    thank you, Dave. within the March quarter, they delivered effective earnings and free money stream underscore with the aid of their solid operational execution and focus on profitability.

    within the section of a challenging company environment. per their expectation, March quarter profits was $2.31 billion, down 15% sequentially. With total shipment of exabytes down 12% quarter-over-quarter. Their influence mirror the have an effect on of softer demand from cloud service issuer in advance of their transition to 16 terabyte close line power, as neatly because the ongoing international macro issues and general seasonality as they have got mentioned previous. income for the business market, which encompass mission emission crucial as this upward thrust represented 39% of March quarter income, led as a p.c of profits from the December quarter.

    We shipped about 33 exabyte into the business market down 10% quarter-over-quarter. The significant majority of the exabyte shipment have been into the nearline market. Exabyte shipment for cloud shoppers were up quarter-over-quarter which partly offset the decline in shipments to OEM. The common means for close line drive, it's a brand new list of seven.2 terabytes up eleven% over the prior quarter. Their 12 terrabyte nearline pressure remain the maximum-selling commercial enterprise product in the March quarter.

    As Dave indicated previous, they now have all started to ship the industry's optimum ability 16 terabyte power within the current quarter and are expecting to ramp creation as consumers comprehensive their qualification over the next few quarters. Given the overall charge of possession improvement for purchasers and anticipated excessive reliability of these drives, they accept as true with they are neatly placed to catch market alternatives within the coming quarters. They additionally proceed to leverage their current product portfolio to handle (ph) client demand for mission-important pressure, which positively contributes to their margin and money move. profits for the non-compute market contributed 32% of the total March quarter profits in comparison to 31% in the prior quarter. And includes sales of surveillance, gaming, NAS, DVR, and buyer applications. income for facts breach application together with gaming NAS and DVR grew sequentially, which in part offset the micro headwind and seasonal fashion impacting the surveillance and client market respectively.

    Exabyte shipments for aspect non-compute platform changed into 29 exabyte and down 10% quarter-over-quarter. while, commonplace potential per force stay approximately flat at 2.four terabyte. earnings from the area compute market including desktop and notebook, difficult disk drives represented 20% of complete profits in comparison to 21% in the December quarter. Their effects as a typical seasonality, mixed with ongoing CPU shortages. Exabyte shipments for side compute systems were virtually 15 exabyte down 21% quarter-over-quarter with steeper than seasonal decline from computing device and computing device PCs. Their Non-difficult disc power enterprise together with SSD and cloud device answer made up the final 8% of March quarter profits flat as a percent of earnings form the December quarter.

    As we've shared during the last couple of quarters, they are concentrated on portfolio management to catch chance that delivered the maximum price to their purchasers. They proceed to make decent development additionally it would take time to completely make these transition, cloud methods income because it continues to be particularly stable during the last a couple of quarters. SSD profits declined sequentially ahead of deliberate product transition, which might be anticipated to turn up over the next couple of quarters. Non-GAAP gross margin for the March quarter became above their expectations at 26.6% compared to 29.7% in the December quarter. About half of the sequential margin decline changed into linked to manufacturing underutilization charges as they simply manage their production to greater closely aligned with industry situations.

    potential utilization is that rightly correlated to portfolio mix, higher capability drives corresponding to nearline and surveillance make the most of greater head and disc and take longer to test in comparison to decrease capacity HDDs. as a result, they expect skill underutilization charges to decline and gross margin to enhance when demand resume on higher capacity drives. Non-GAAP working costs came in more suitable than their expectation as $349 million, down 9% year-over-yr and 4% sequentially, the decline in spending reflects ongoing expense discipline and reduce variable compensation expense. They proceed to center of attention on managing prices and utilising capital for R&D funding to boost their future technology products and options. through operational effectivity and price self-discipline they carry non-GAAP EPS of $0.eighty three within the March quarter well above the high conclusion of their assistance latitude.

    Our operational focal point has additionally led to solid return on invested capital. On a rolling 4 quarter basis ROIC improved to well-nigh 27% within the March quarter compared to 25% within the prior yr duration. They generated $438 million in cash from operations up 52% sequentially as they more desirable working capital, together with a 9% decline in total inventory cost quarter-over-quarter.Capital expenditure had been $147 million throughout the March quarter at the lessen conclusion of their long-time period goal latitude of between 6% and eight% of salary. Their resulting free money circulation turned into $291 million, up 81% from the prior quarter. They utilized $327 million to repurchase 7.2 million average share and they exited the quarter with $277 million standard shares magnificent.

    Fiscal year-to-date they have repurchased 13.four million general shares and reduced their share count via four%. money and money equivalents have been $1.4 billion at the conclusion of the quarter and their Board has permitted the quarterly dividend fee of $0.63 per share, which could be payable on July three, 2018. 2019. right through the March quarter, they entered a new $1.3 billion revolving credit facility. The company's web balance as of March quarter turned into $four.5 billion, including $200 million drawn kind the revolver. Their gross debt to remaining twelve months non-GAAP EBITDA ratio is 1.9 times as of the March quarter.

    relocating to their outlook for the June quarter, they expect a relatively flat company ambiance within the June quarter, they identical demand conditions across all of their end markets. in this environment, they predict complete profits to be in the range of $2.32 billion plus or minus 5%, non-GAAP gross margin to be at least 26.5% and non-GAAP EPS of $0.eighty three plus or minus 5%.

    all through this duration, Seagate will proceed to power operational efficiencies to optimize their profitability and free cash stream. whereas business conditions continue to be just a little difficult within the June quarter, in response to their interplay with valued clientele, they predict demand to improve beginning the second half of the calendar year.

    i will be able to now turn the name returned to Dave for final comments.

    William David Mosley -- Chief govt Officer

    Thanks, Gianluca. In summary, Seagate is executing neatly on multiple levels. they are riding operational efficiencies by means of managing their can charge and capital investments to align with near-time period business conditions, and optimize profitability and free cash stream. they are harvesting HDD opportunities and markets with low exabyte growth such as mission vital drivers which contributed nicely to their bottom line certainly all over these slower demand periods while requiring no R&D investment. they are executing their expertise roadmap and leveraging their forty plus year heritage of innovation and capabilities and precision engineered information solution to introduce new products with the larger areal density, nice and reliability to handle their customers' future mass storage requirements.

    We agree with the close-time period industry headwinds we're experiencing will abate in the coming quarters and the long-term growth trajectory of mass storage demand provides a prosperous set of alternatives for Seagate. facts hungry purposes are fueling demand for prime-ability storage in each public and private clouds. searching forward to fiscal 2020 they are expecting the exabyte TAM for close line drives to be neatly above the lengthy-time period CAGR of 35% to 40% importantly, Seagate's powerful know-how portfolio and consumer relationships, make us neatly positioned to capitalize on this boom.

    earlier than opening the call for questions, i would want to thank their customers, suppliers, company companions and personnel for his or her ongoing support and contributions to the success of their business.

    Gianluca and that i will now open up on your questions.

    Operator

    (Operator guidelines) Their first question comes from the line of Katy Huberty with Morgan Stanley, your line is open.

    Katy Huberty -- Morgan Stanley -- Analyst

    thanks. respectable morning. How do you think concerning the gross margin trajectory as demand comes back if they see enhanced cloud and surveillance demand in the September quarter, would you expect gross margins to be within the 29% to 33% long-time period latitude or does it take a few quarters to expand again to the goal mannequin ?

    William David Mosley -- Chief executive Officer

    hi Katy, i'll flow it over to Gianluca in barely 2nd, but what i might say what I, what I noted ultimate quarter become, yes gross margins as they went throughout the digestion phases, if they obtained out of the length of manufacturing unit under-utilization sooner than they could see growth. I feel what we're seeing right now is reasonably somewhat of build ahead for the fall. I mean, they have obtained these product transitions occurring, so which I think is is weighing us down just a little bit, otherwise they would have snapped returned a little bit sooner.

    i'm certain if the cloud comes back faster than we're watching for presently, which we're starting to see signals of it within the back half then I suppose they should still be in a position to get lower back into the latitude. and that i feel I've stated this earlier than that ourselves isn't gross margin percentage, both. They have been within the January time body after they ultimate spoke to all and sundry. They were in fact concentrated on free cash circulate, just making bound they watch cash very carefully be certain they weren't building too a good deal inventory and things like that, so, you recognize, that may also have definitely hindered their capacity to circulate a little bit added product during this ultimate few months once again, i would say this is towards the conservative aspect on my part, however it really is how I consider concerning the gross margin. Go head, Gianluca.

    Gianluca Romano -- Chief fiscal Officer

    yes. remaining revenue liberate they spoke of that they have been anticipating about half of the gross margin decline quarter-over-quarter to be concerning lower quantity produced and they still are expecting greater or less the equal have an effect on in FQ4. Their quantity in FQ4 may be a little bit higher. however, at the same time, we're building greater means in their factory, in an effort to take knowledge of the 2d part of the calendar year, the place they predict more demand to come in. So the have an impact on of beneath-utilization expenses might be extra or much less the same in Q3 and this fall.

    Katy Huberty -- Morgan Stanley -- Analyst

    thank you.

    Operator

    thank you. Their subsequent question is from the road of Mitch Steves of RBC Capital Markets. Your line is open.

    Mitch Steves -- RBC Capital Markets -- Analyst

    hi there guys, thanks for taking my question. Is it a query extra on the computing device side of the enterprise. It sounds like you guys are seeing some weak point due to CPU constraints, is there any strategy to help us quantify what that influence is? after which secondly, in the event you suppose that replace, on the grounds that or not it's doubtless impacts the outcomes within the challenging disk power aspect?

    William David Mosley -- Chief executive Officer

    Yeah, Mitch. i might say or not it's towards the backdrop, like they referred to within the script of the entire SSD incursions, herbal transition, particularly for the lessen skill. So and what they name the business -- sorry the facet compute markets, you're seeing some low capacities 500 gigabytes or 1 terabytes and then you are seeing some excessive capability, some bifurcation if you will to 2s and four terabytes, the place the CPU constraints are an issue constantly, are of smaller gamers, so the long tail, if you will, distribution channel. I think, would be a great way to suppose about it. within the distribution channel, there are some individuals still making the reduce capability disk pressure items, however very few, I consider they tend to be a great deal greater entrepreneurial. I noted this a little bit last quarter. They nevertheless haven't seen the suit channels just yet. So whereas, weeks available are fairly healthy on a relative basis. I look on the absolute cost in the channel and it be no longer as strong pretty much as it became simply a few quarters ago. And that comprises the higher capacity stuff, which may still be a few of those new markets and artistic new market. So, you understand, my point of view is that this will beginning to come on-line as smartly through within the lower back half of the 12 months, nevertheless it really hasn't constructed up as a great deal momentum as I anticipated within the January timeframe.

    Mitch Steves -- RBC Capital Markets -- Analyst

    got it. And just to make clear, is that impacting the margin line, the gross margin line as neatly, on account that probably below delivery in a little?

    William David Mosley -- Chief govt Officer

    To the extent that we've extra product to be absorbing their factories, the reply is yes. And, you know, the distribution channels, a few of them tended to overtime deliver some high-quality retailers at low capacities and excessive capacities. So it might be best to get one of the most highest stuff moving once more.

    Mitch Steves -- RBC Capital Markets -- Analyst

    received it. thanks.

    Operator

    thanks. And their subsequent query comes from the road of Ananda Baruah of Loop Capital. Your line is open.

    Ananda Baruah -- Loop Capital -- Analyst

    hi. respectable morning, guys. I wager respectable afternoon for you guys. Dave and Gianluca, thanks for taking the question. I guess, simply real brief, a couple from me. So Dave, is it protected to say that for the reason that we're in form of ninety days further to the calendar that you simply feel that lots more confident concerning the hyperscale determining returned up as they get into the 2d half of the 12 months? I wager from simply a brief 2d part in that, regarding your comment about fiscal 2020 demand, how long do you see, I bet here's all kind of just obtained at this aspect, however how lengthy do you see -- how long are you hopeful that this subsequent cycle will pay -- can closing once it get began? Thanks.

    William David Mosley -- Chief government Officer

    or not it's entertaining. So a few facets. So I feel on the February call, they have been simply coming off a fairly disturbed pull dynamic that were going on all the means through December. And the (inaudible) become one point of it, not the only 1 certainly. It changed into relatively world. it be also obtained a long tail. or not it's now not just one CSP or three CSPs or something, however's additionally the smaller build out. The motive they have faith within the again half of the 12 months now could be we're starting to see one of the crucial information middle construct out that turned into expected say 6 months or 9 months ago to be discussed once again, exact equal datacenters once more, chiefly globally. after which they additionally consider that there was some stock readjustments that have long past on for the final 6 months. There will be an anticipation of relocating to higher means drives with improved complete can charge ownership propositions out in the returned half of the yr. So we're feeling a lot more assured that they had been there speaking to you in February, for bound. so far as the next cycle, this one's been a little bit more stated than the last one that it feels that method and it's been greater world and it's been touching as they reach out through OEMs and ODMs who are assisting

    Questions and solutions:

    William David Mosley -- Chief executive Officer

    who are assisting do the construct, it be been a whole lot greater large based mostly than the last one. The ultimate one got here returned fairly instantly, as a result of the world turning on at the same time, we're listening to roomers of all this, however I nevertheless wouldn't say strong, however it feels like this might possibly a much bigger peak in exabytes but a great deal wider, i would say that approach, because -- simply as a result of there could be a bit little bit of trepidation.

    Mitch Steves -- RBC Capital Markets -- Analyst

    this is useful. i may cease there and notice the ground. Thanks so lots.

    William David Mosley -- Chief government Officer

    Thanks.

    Operator

    thanks. Their subsequent query is from the line of (inaudible) your line is open.

    Unidentified Participant -- -- Analyst

    Thanks for taking my query. On the 16-terabyte what are the unit volumes, how did that compare to closing 12 months and some other new product ramp?

    William David Mosley -- Chief government Officer

    Thanks, Kevin. Yeah, they like this platform fairly a bit, you comprehend there is -- they get through lots of transitions to your factor, diverse drives going from 6 to 8 to ten to 12 to fourteen, you know we've got had different drive systems. This specific platform for us will take us sixteen and 18 with SMR and other variance it's going to take us past 18-terabytes and probably into the HAMR households as smartly, as a result of HAMR is in fact dropping into this when they are equipped. So they believe very comfortable with their capability to yield and ramp this product. or not it's passed through all its inside qualification checking out really smartly and so that's why we're pretty aggressive about it. I feel it's going to be an exquisite steep ramp as neatly. So, in the ultimate couple of months, simply giving lead instances for mostly the pinnacle wafers which are required for that, it is where they now have focused a lot of their efforts internally. My senses as neatly that given probably the most pause it's long past on in hyperscale and different places all over the world that the cost proposition of 16-terabytes versus might be 12, it was idea of 6 months in the past when the fall began, it's relatively mammoth. and i feel they are going to birth to look those earnings ramps in early -- fiscal year 2020.

    Unidentified Participant -- -- Analyst

    okay, super. thanks.

    Operator

    thank you. Their next question is from the road Aaron Rakers of Wells Fargo. Your line is open.

    Aaron Rakers -- Wells Fargo -- Analyst

    Yeah. thank you for taking the question. type of constructing on the high potential nearline drives, one in all your competitors variety of notes so far as within the context of visibility type of stocking relationship and visibility and from an inventory, even getting paid the healthful stock for one of the crucial hyperscale clients. So i'm curious that how do you characterize your visibility? Do you've got an identical relationship as that ? after which also how would you compare 16 terabytes competitively versus the competitors that you simply see and after they may come into market? thanks.

    William David Mosley -- Chief govt Officer

    Aaron, the 2nd query first. I do not basically -- they agree with, they are in the lead on 16 terabytes and the families that go on together with it with distinct SMR variance and things like that. it be like -- it seems -- I should not have very respectable visibility past there as far as when americans are going to be able to ramp. All i know is, we're ready to ramp. Relative the stocking, I do feel there are a number of clients that have such massive scale that they delivery speaking like that, different customers are plenty extra opportunistic and or not it's been a buyer's market lately. So they have been, like I pointed out, prior, they were 90 days ago, they have been really looking at their money and controlling their expenses very, very carefully to be certain they failed to lift too a whole lot inventory. If they had pushed out extra of the lower ability drives in anticipation of higher ability, I do not if that serves us correct both, so it truly is the manner they are considering it, if that helps

    Aaron Rakers -- Wells Fargo -- Analyst

    okay, thanks.

    Operator

    thank you. Their subsequent query comes online of Jim Suva of Citi. Your line is open.

    Jim Suva -- Citi -- Analyst

    thank you. on your prepared feedback you mentioned an improving demand atmosphere in the second half whereas the yr progresses, is that based upon older trends that you're seeing or greater anecdotal of customers sweating or the usage of their assets a bit bit longer just attempting to help figure out the conviction stage of that rebound favorite?

    William David Mosley -- Chief government Officer

    Jim, it be, exciting as a result of I suppose there's a little little bit of both of what you pointed out. the first is people comprehend that they're going to be making the investment for 5 - 6 or 7 years once they buy the next product, so, they'll wait to get the correct TCO proposition, that's -- these are greater hyperscale and world hyperscale feedback. I feel relative to my prior comments about probably the most channels had been disrupted, there have been lots of liquidity considerations especially among smaller avid gamers, extra entrepreneurial people had been trying to do side build out, very utility certain items and since of that I believe the market has been fairly uneven, we're starting to see their method through that, americans are coming back to these plans once more, as all of us be aware of information will develop and some of these new functions will take off. So, but I believe given one of the most issues the area was having again within the December time frame they just did not have very decent visibility in them, so we're still expressing self assurance against this next cycle.

    Jim Suva -- Citi -- Analyst

    thanks so tons.

    Operator

    thanks. And that does conclude their question-and-answer session. i might want to turn the call again over to management.

    William David Mosley -- Chief executive Officer

    Thanks, Amanda. I wish to as soon as once more thank all of their employees, consumers, suppliers and enterprise partners for their contributions to their third quarter efficiency. and thanks to their shareholders for his or her ongoing guide. we'll confer with you next quarter. thanks.

    Operator

    girls and gents, thanks for your participation in trendy conference. This does conclude the software. You may additionally now disconnect. every person have a superb day.

    duration: 34 minutes

    call individuals:

    Shanye Hudson -- vice chairman Investor relations.

    William David Mosley -- Chief government Officer

    Gianluca Romano -- Chief monetary Officer

    Katy Huberty -- Morgan Stanley -- Analyst

    Mitch Steves -- RBC Capital Markets -- Analyst

    Ananda Baruah -- Loop Capital -- Analyst

    Unidentified Participant -- -- Analyst

    Aaron Rakers -- Wells Fargo -- Analyst

    Jim Suva -- Citi -- Analyst

    more STX analysis

    Transcript powered by means of AlphaStreet

    this text is a transcript of this convention call produced for The Motley idiot. while they attempt for their silly ideal, there could be errors, omissions, or inaccuracies during this transcript. as with every their articles, The Motley idiot doesn't expect any accountability for your use of this content material, and they strongly encourage you to do your personal research, including being attentive to the call yourself and reading the enterprise's SEC filings. Please see their phrases and conditions for additional details, including their obligatory Capitalized Disclaimers of legal responsibility.


    cardertools.su | cvv & 000-968 dumps t1/t2 shop | online 000-968 dumps shop, buy cc :: buy 000-968 dumps :: sell cc :: sell 000-968 dumps t1-t2 :: cvv :: 000-968 dumps :: paypal :: ssn :: dob :: full cc info :: bank logins | sell, good, dumps, fresh, track2, cvv2, dump, carders, paypal, market, check, online, cards, shop, cheap, best
    reliancetrailer.com | reliance trailer - reliance trailer home | reliance trailer designs and manufactures the most complete line of vocational trailers offered by any supplier. from chip haulers to transfer dumps, reliance offers a trailer specifically engineered for your applications. |
    19thcenturybottlediggers.com | privy's and 000-968 dumps - 19th century bottle diggers | bottles dug from privy s & dumps. the dig story s in my blogs were published in ab&gc, western & eastern treasure and bottles & extras magazines. | digging, bottles, tops, bottle, antique, privy, flasks, trash, hobby, finding, historical, bitters, houses, pits, quack, glass, outhouse, collecting, cork, dump
    testking.com.pk | testking offers all it certification 000-968 dumps bundle in $99 | in bundle offer all exams questions and answers of microsoft, cisco, oracle, ibm, hp, vmware, comptia and many more are included. six months free updates. | free, testking, test, exam, online, exams, practice, king, microsoft, certification, oracle, ccna, mcse
    vmwarehelpcenter.com | vmware help center - real questions answers 000-968 dumps for vmware exams | |
    passcometrue.com | passcometrue - pass all it certification exams and make your dream come true | try passcometrue free demo of cisco, comptia, hp, ibm, microsoft exams and so on. | dumps, brain, exams, brainitdump, certification

    RSS Killexams 000-968 dumps

    CNN

    Fox News

    Google News




    Article 1 | Article 2 | Article 3 | Article 4 | Article 5 | Article 6 | Article 7 | Article 8 | Article 9 | Article 10 |
    Back to Exam List