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NOV 01, 2013 - TheStreet

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Seagate CFO Sets Sights on Skinny Laptops

NEW YORK (TheStreet) - Seagate missed Wall Street's estimates in its first-quarter results earlier this week.  Despite that, CFO Pat O'Malley is confident that super-skinny laptops, better known as ultrabooks, will lift the hard drive maker. Earlier this year, Seagate unveiled a 7-mm thin hybrid drive aimed at the notebook market and a 5-mm thin mobile drive for tablets. O'Malley said that the 7-mm drive, which combines the speed of Solid State technology with the capacity of a hard drive, is gaining traction. "As each quarter goes on it will take more and more of the traditional ... Read More

Tags: Seagate CFO Sets Sights on Skinny Laptops,  Seagate Technology Latest News