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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 57.52+1.0%Dec 3 4:00 PM EST

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From: Elroy8/4/2021 8:52:02 PM
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WDC the articles and comments I'm reading say it was a really great quarter, and they handily beat expectations.

I don't follow WDC, but the sales numbers don't say the same thing. They did $4.9 billion last quarter, and expect to do $4.9 - $5.1 billion in the upcoming seasonally strong Q3. So they expect to grow sales about 2% sequentially, give or take 2%.

That stinks, doesn't it?

The tech markets are booming, NAND is booming, no one can get enough product made, prices are rising, and we're coming into the best quarter of the year.

And WDC is going to grow sales by 2%?

I remain curious how this is positive news.
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