WD® ANNOUNCES Q2 Revenue of $2.475 BILLION and Net income of $225 million, or $0.96 per share

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1.2011 – Western Digital Corp. (NYSE: WDC) today reported revenue of $2.475 billion, hard-drive unit shipments of 52.2 million and net income of $225 million, or $0.96 per share, for its second fiscal quarter ended Dec. 31, 2010. In the year-ago quarter, the company reported revenue of $2.619 billion, shipped 49.5 million hard drives, and reported net income and earnings per share of $429 million and $1.85, respectively.
The company generated $505 million in cash from operations during t

Number of corporate insolvencies decreased in 2010

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In 2010 32,280 companies in Germany announced their insolvency. According to the latest survey by the financial information agency Bürgel this means 4.4 percent or 1,482 corporate insolvencies less than during the previous year. ?The current positive development is mainly due to the improved domestic economic activity, the rise in export rates and the recovery of the credit market? the Managing Director of Bürgel, Dr. Norbert Sellin, explained. Whereas the financial crisis will still

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