Shortly after computer disk drive maker Seagate released its latest results last week, Patrick O’Malley, the company’s chief financial officer, summed up his thoughts. “What a difference a year makes,” he told IBD. Indeed. Even in an industry known for volatility, the comparison is night and day. Or make that day and night. And not just for No. 1 drive maker Seagate (STX), but also for No. 2 Western Digital (WDC). Seagate swung to a profit of
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Disk Drive Leaders Seagate, W. Digital Give Strong Outlooks