Western Digital Posts Mixed Results As Unit Shipments Stagnate

The hard drive manufacturer reported a 3% y-o-y decrease in the number of units shipped, to 61 million during the quarter. Net revenues were slightly higher than the guidance of $3.80 billion given by the company at the end of fiscal Q1?15. Moreover, a favorable mix of high-margin hard drives led Western Digital?s non-GAAP gross margin to 30.5% ? slightly higher than the company?s implied guidance of about 30%. The company has given revenue guidance of about $3.6-$3.7 billion for Q3 FY 2015 and ...