Enterprise Storage Sales V3 exam questions :: 000-959 Real Exam Questions | Pass4sure Braindumps | VCE Practice Test

IBM Enterprise Storage Sales V3












Enterprise Storage Sales V3 exam questions
000-959 Exam Dumps | Real Exam Questions | 000-959 VCE Practice Test


000-959 Exam Dumps Contains Questions From Real 000-959 Exam



Latest and Valid 000-959 dumps questions updated today
Hundreds of candidates pass 000-959 exam with their PDF braindumps. It is very unusual that you read and practice their 000-959 dumps and get poor marks or fail in real exam. Most of the candidates feel great improvement in their knowledge and pass 000-959 exam at their first attempt. This is the reasons that, they read their 000-959 braindumps, they really improve their knowledge. They can work in real condition in association as expert. They don't simply concentrate on passing 000-959 exam with their questions and answers, however really improve knowledge about 000-959 objectives and topics. This is why, people trust their 000-959 real questions.

Features of Killexams 000-959 dumps
-> Instant 000-959 Dumps download Access
-> Comprehensive 000-959 Questions and Answers
-> 98% Success Rate of 000-959 Exam
-> Guaranteed Real 000-959 exam Questions
-> 000-959 Questions Updated on Regular basis.
-> Valid 000-959 Exam Dumps
-> 100% Portable 000-959 Exam Files
-> Full featured 000-959 VCE Exam Simulator
-> Unlimited 000-959 Exam Download Access
-> Great Discount Coupons
-> 100% Secured Download Account
-> 100% Confidentiality Ensured
-> 100% Success Guarantee
-> 100% Free Dumps Questions for evaluation
-> No Hidden Cost
-> No Monthly Charges
-> No Automatic Account Renewal
-> 000-959 Exam Update Intimation by Email
-> Free Technical Support

Discount Coupon on Full 000-959 Dumps Question Bank;
WC2017: 60% Flat Discount on each exam
PROF17: 10% Further Discount on Value Greatr than $69
DEAL17: 15% Further Discount on Value Greater than $99


Get high marks in 000-959 exam with these dumps
We offer valid and updated IBM 000-959 real exam Questions and Answers that are required to pass 000-959 exam. The best source of 000-959 dumps is killexams.com that has its experts working to update and validate 000-959 dumps all the time to meet the test center requirement of candidates.

000-879 | 000-281 | A2010-654 | 000-M89 | 000-M64 | COG-635 | A2040-402 | C2090-552 | C2140-839 | 000-652 | C2010-023 | M2080-663 | 000-086 | C2180-271 | C2070-585 | 000-N06 | C2150-624 | C2020-703 | P2090-076 | 000-822 |



Seagate know-how PLC (STX) Q1 2019 salary call Transcript

Logo of jester cap with thought bubble. graphic source: The Motley idiot.

Seagate know-how PLC  (NASDAQ:STX)Q1 2019 earnings CallApril 30, 2019, 9:00 a.m. ET

Contents:
  • prepared Remarks
  • Questions and answers
  • call contributors
  • organized Remarks:

    Operator

    respectable morning and welcome to the Seagate technology Fiscal Third Quarter 2019 fiscal effects convention name. My identify is Amanda, and that i'll be your coordinator for today. at the moment, all individuals are in a hear-simplest mode. Following the organized remarks, there could be a question-and-answer session. As a reminder, this conference is being recorded for replay functions. at this time, i want to turn the name over to Shanye Hudson, vp, Investor members of the family. Please proceed, Shanye.

    Shanye Hudson -- vice chairman Investor family members.

    thank you. decent morning each person and welcome to contemporary name. joining me nowadays are Dave Mosley; Seagate's Chief executive Officer and Gianluca Romano, their Chief monetary Officer. They posted their profits press release and specified supplemental advice for their March 2019 quarter on the Investor section of their web site. they can refer to GAAP and non-GAAP measures, non-GAAP figures are reconciled to GAAP figures in their revenue release for their March 2019 quarter, which is posted on their website and has been furnished on a kind eight-okay that was filed with the SEC. As a reminder, this call carries forward-searching statements, including their June quarter economic outlook and expectations about their economic efficiency, market demand, business growth traits, deliberate product introductions, skill to ramp creation, future growth alternatives and time-honored market situations.

    These statements are in line with administration's existing views and assumptions and will no longer be relied upon as of any subsequent date. precise consequences can also fluctuate materially from modern-day statements. suggestions concerning their hazards, uncertainties and other factors that might cause effects to vary from these forward-searching statements are contained in their most fresh kind 10-ok filed with the SEC and supplemental advice posted on the buyers portion of their web site.

    brand new name is expected to be about 30 minutes in size and they are going to do their optimal to accommodate your questions following their organized remarks if time enables. starting subsequent quarter, they plan to lengthen their name to 60 minute within the duration.

    And with that, i'll flip the name over to you, Dave.

    William David Mosley -- Chief government Officer

    Thanks, Shanye. good morning everybody and welcome to their quarterly profits call, which they are joining from Dublin, eire. all the way through brand new name, i will be able to cover the important thing highlights from the March quarter, share some views available on the market and description their progress on advancing their technology roadmap. Gianluca will then discuss details of their March quarter financial outcomes and supply their outlook for the June quarter. Following their prepared remarks they can open the demand questions.

    Seagate performed smartly inside the March quarter, navigating difficult enterprise circumstances to deliver economic results that met or exceeded their expectations across every financial metric. They recorded revenue of $2.31 billion and completed non-GAAP profits per share of $0.eighty three, virtually $0.10 above the excessive conclusion of their tips latitude. Free cash move extended to $291 million, up eighty one% quarter-over-quarter and they back over $0.5 billion to shareholders via dividends and buybacks, demonstrating their lengthy-standing dedication to capital returns.

    We achieved these consequences via their concentrated efforts to force operational efficiencies, handle charges and optimize cash circulate era. Proactively managing the business in the face of numerous earnings headwinds. within the aspect compute market, salary turned into impacted by way of the expected transition to SSDs, ongoing CPU shortages and seasonal demand slowdown for Notebooks and laptop PCs. in the surveillance market, salary stay suppressed by means of economic and geopolitical uncertainties. youngsters, over the long run, they are expecting the market to grow as digicam decision improves to 8 megapixels and pressure the standard capacity per power above latest tiers of three to 4 terabytes.

    in the enterprise market, both seasonal and macroeconomic challenges weighed on salary for their nearline drives. earnings from a number of hyperscale customers improves a little quarter-over-quarter. despite the fact, that salary didn't completely offset the slower demand from OEM and different global cloud purchasers. As a reminder, demand for their nearline drives all started to gradual in the December quarter, as cloud provider suppliers work through the stock developed up right through calendar 2018. although, they assume this pause to be short-lived. The demand improvement I just mentioned amongst opt for hyperscale customers is an indication that we're approaching the conclusion of this inventory digestion part and they are expecting broader demand healing starting in the second half of the calendar year.

    We additionally agree with one of the slowdown, we're experiencing in their close line product demand this is attributed to cloud customers watching for the transition to their next generation excessive skill drives. they are very joyful to announce that they began shipping their sixteen terabyte drives in late March as deliberate. we're delivering the business's optimum means disk drives to permit more desirable performance on the lowest total charge of ownership for their consumers. qualifications are under approach at many foremost cloud and enterprise purchasers. They are expecting to begin ramping to high quantity later in calendar 2019 and expect sixteen terabyte drives could be their optimum salary skew with the aid of this time subsequent 12 months.

    For Seagate fiscal 2019 is a year of concentrated execution and know-how advancement and they proceed to correctly convey on their plans. They are expecting to introduce drives with over 20 terabytes of ability in calendar 12 months 2020, according to their creative HAMR recording know-how. These know-how breakthroughs are massive enablers, offering a route of forty terabytes and higher capacities, it is greater than double the capacities accessible these days. whereas at the equal time making the transition to this new know-how seamless for their consumers.

    most likely best mentioned by way of one of their huge hyperscale shoppers working to qualify HAMR, it just works. They additionally made strides on their multi-actuator technology. all over the contemporary Open Compute assignment Summit, they set a new speed checklist for video streaming information quotes from a hard drive. With their MACH.2 dual-actuator, they established twice the bandwidth in comparison to a single actuator power. The quickest ever maintain switch from a tough force.

    We accept as true with, HAMR identity drives combined with their multi-actuator technology will no longer simplest address the heavy workloads and excessive utilization costs required through gigantic cloud information centers, but also new used situations which are rising at the side. The world Datasphere is expected to double once every three years to attain a awesome 175 zettabytes by using 2025. This quick increase in information introduction is giving upward thrust to new applications together with smart cities, sensible factories, genomics, self reliant motors and other IoT functions, all of which make use of AI desktop researching to derive cost from big data. to notify real-time choice making, they agree with extra information processing and laptop getting to know, will deserve to turn up closer to the source of records creation. Seagate has talked about this transition because the IT four.0 era or the upward thrust in edge computing. They starting to see a build up in deepest and part cloud environments. to enable fast and at ease access to data, 24/7.

    With this transitioned IT four.0 and linked growth in facts on the part, provide and demand for nearline drives may additionally exceed their prior increase estimates of between 35% and forty% over the long term. Importantly Seagate's ingenious know-how portfolio positions us neatly to catch and monetize these alternatives.

    i may flip the call over to Gianluca to go into greater depth on their third quarter effects and share their outlook for the fourth quarter.

    Gianluca Romano -- Chief fiscal Officer

    thanks, Dave. in the March quarter, they delivered amazing profits and free money circulate underscore through their strong operational execution and center of attention on profitability.

    within the part of a difficult company ambiance. per their expectation, March quarter revenue turned into $2.31 billion, down 15% sequentially. With complete cargo of exabytes down 12% quarter-over-quarter. Their influence replicate the have an effect on of softer demand from cloud service provider in boost of their transition to sixteen terabyte near line force, as neatly as the ongoing world macro issues and ordinary seasonality as they have mentioned past. earnings for the commercial enterprise market, which consist of mission emission vital as this upward thrust represented 39% of March quarter salary, led as a percent of salary from the December quarter.

    We shipped about 33 exabyte into the enterprise market down 10% quarter-over-quarter. The giant majority of the exabyte shipment were into the nearline market. Exabyte cargo for cloud purchasers have been up quarter-over-quarter which in part offset the decline in shipments to OEM. The typical ability for near line power, or not it's a new listing of seven.2 terabytes up 11% over the prior quarter. Their 12 terrabyte nearline pressure stay the optimum-selling business product in the March quarter.

    As Dave indicated previous, they have begun to ship the business's optimum potential 16 terabyte power within the current quarter and expect to ramp creation as valued clientele finished their qualification over the following few quarters. Given the entire can charge of possession improvement for clients and expected high reliability of these drives, they consider they are smartly located to trap market alternatives within the coming quarters. They additionally continue to leverage their present product portfolio to address (ph) client demand for mission-essential pressure, which positively contributes to their margin and money stream. income for the non-compute market contributed 32% of the full March quarter profits in comparison to 31% in the prior quarter. And contains earnings of surveillance, gaming, NAS, DVR, and consumer functions. revenue for records breach application including gaming NAS and DVR grew sequentially, which in part offset the micro headwind and seasonal style impacting the surveillance and purchaser market respectively.

    Exabyte shipments for edge non-compute platform become 29 exabyte and down 10% quarter-over-quarter. whereas, usual capability per drive continue to be approximately flat at 2.4 terabyte. salary from the side compute market including desktop and computer, challenging disk drives represented 20% of complete revenue compared to 21% within the December quarter. Their outcomes as a regular seasonality, combined with ongoing CPU shortages. Exabyte shipments for area compute structures had been practically 15 exabyte down 21% quarter-over-quarter with steeper than seasonal decline from computer and computer PCs. Their Non-tough disc drive business together with SSD and cloud gadget answer made up the last eight% of March quarter profits flat as a percent of profits kind the December quarter.

    As they now have shared over the past couple of quarters, they are concentrated on portfolio management to trap possibility that delivered the optimum cost to their customers. They proceed to make respectable development also it could take time to completely make these transition, cloud techniques salary as it remains extraordinarily solid over the last a few quarters. SSD earnings declined sequentially forward of planned product transition, that are anticipated to occur over the subsequent couple of quarters. Non-GAAP gross margin for the March quarter was above their expectations at 26.6% compared to 29.7% in the December quarter. About half of the sequential margin decline was linked to manufacturing underutilization prices as they effectively manage their creation to more closely aligned with industry conditions.

    capability utilization is that rightly correlated to portfolio combine, bigger capacity drives corresponding to nearline and surveillance utilize greater head and disc and take longer to verify in comparison to reduce capacity HDDs. hence, they are expecting ability underutilization expenses to say no and gross margin to enrich when demand resume on bigger skill drives. Non-GAAP working costs came in more suitable than their expectation as $349 million, down 9% yr-over-yr and 4% sequentially, the decline in spending reflects ongoing rate self-discipline and lower variable compensation price. They continue to center of attention on managing costs and utilising capital for R&D funding to increase their future know-how products and options. via operational efficiency and rate self-discipline they convey non-GAAP EPS of $0.eighty three in the March quarter smartly above the excessive end of their counsel latitude.

    Our operational center of attention has additionally ended in strong return on invested capital. On a rolling 4 quarter foundation ROIC elevated to basically 27% within the March quarter in comparison to 25% in the prior 12 months length. They generated $438 million in cash from operations up fifty two% sequentially as they more suitable working capital, together with a 9% decline in complete stock value quarter-over-quarter.Capital expenditure were $147 million during the March quarter at the decrease end of their lengthy-time period goal range of between 6% and eight% of revenue. Their ensuing free cash circulate was $291 million, up eighty one% from the prior quarter. They utilized $327 million to repurchase 7.2 million ordinary share and they exited the quarter with $277 million average shares miraculous.

    Fiscal 12 months-to-date they have repurchased 13.four million general shares and decreased their share count by means of 4%. cash and money equivalents were $1.4 billion at the end of the quarter and their Board has approved the quarterly dividend charge of $0.sixty three per share, which should be payable on July 3, 2018. 2019. during the March quarter, they entered a brand new $1.3 billion revolving credit score facility. The company's internet steadiness as of March quarter was $4.5 billion, including $200 million drawn kind the revolver. Their gross debt to remaining 365 days non-GAAP EBITDA ratio is 1.9 instances as of the March quarter.

    moving to their outlook for the June quarter, they assume a comparatively flat business atmosphere in the June quarter, they equivalent demand situations across all of their end markets. in this environment, they predict complete salary to be within the latitude of $2.32 billion plus or minus 5%, non-GAAP gross margin to be as a minimum 26.5% and non-GAAP EPS of $0.83 plus or minus 5%.

    all the way through this period, Seagate will continue to force operational efficiencies to optimize their profitability and free money move. while company circumstances stay just a little challenging in the June quarter, in line with their interaction with customers, they expect demand to recover starting the 2nd half of the calendar 12 months.

    i will now turn the call again to Dave for remaining comments.

    William David Mosley -- Chief government Officer

    Thanks, Gianluca. In summary, Seagate is executing neatly on multiple stages. they are driving operational efficiencies through managing their cost and capital investments to align with near-time period business conditions, and optimize profitability and free cash circulation. they are harvesting HDD alternatives and markets with low exabyte boom equivalent to mission critical drivers which contributed properly to their base line chiefly right through these slower demand intervals whereas requiring no R&D funding. they are executing their expertise roadmap and leveraging their forty plus year heritage of innovation and capabilities and precision engineered facts answer to introduce new products with the greater areal density, pleasant and reliability to address their customers' future mass storage necessities.

    We believe the close-term business headwinds they are experiencing will abate within the coming quarters and the lengthy-time period boom trajectory of mass storage demand offers a rich set of alternatives for Seagate. facts hungry applications are fueling demand for top-means storage in both public and personal clouds. looking ahead to fiscal 2020 they are expecting the exabyte TAM for close line drives to be smartly above the long-term CAGR of 35% to 40% importantly, Seagate's mighty expertise portfolio and consumer relationships, make us smartly located to capitalize on this growth.

    before opening the call for questions, i might like to thank their shoppers, suppliers, enterprise partners and personnel for his or her ongoing guide and contributions to the success of their enterprise.

    Gianluca and i will now open up in your questions.

    Operator

    (Operator directions) Their first query comes from the road of Katy Huberty with Morgan Stanley, your line is open.

    Katy Huberty -- Morgan Stanley -- Analyst

    thank you. first rate morning. How do you believe concerning the gross margin trajectory as demand comes returned if they see superior cloud and surveillance demand within the September quarter, would you predict gross margins to be within the 29% to 33% lengthy-time period range or does it take a couple of quarters to extend back to the target model ?

    William David Mosley -- Chief govt Officer

    hi Katy, i could flow it over to Gianluca in exactly 2nd, however what i might say what I, what I observed ultimate quarter become, yes gross margins as they went during the digestion phases, if they acquired out of the duration of factory below-utilization sooner than they could see expansion. I consider what we're seeing right now is reasonably a little bit of build ahead for the autumn. I suggest, they have obtained these product transitions going on, so which I think is is weighing us down simply a bit bit, otherwise they might have snapped returned a bit bit quicker.

    i'm certain if the cloud comes again quicker than we're expecting at this time, which they are beginning to see signs of it within the back half then I think they should still be able to get lower back into the range. and that i suppose I've pointed out this earlier than that ourselves is not gross margin percent, both. They were within the January time frame after they closing spoke to each person. They were truly concentrated on free cash move, simply making sure they watch cash very cautiously make sure they weren't building too a great deal stock and things like that, so, you comprehend, that may additionally have in fact hindered their ability to movement a bit bit extra product during this remaining few months once again, i'd say that is towards the conservative aspect on my half, but that's how I consider about the gross margin. Go head, Gianluca.

    Gianluca Romano -- Chief fiscal Officer

    sure. remaining income release they stated that they had been expecting about half of the gross margin decline quarter-over-quarter to be regarding decrease quantity produced and they nevertheless expect extra or less the same have an impact on in FQ4. Their quantity in FQ4 can be a bit bit greater. however, on the same time, we're building extra capability in their manufacturing facility, with the intention to take expertise of the second a part of the calendar yr, where they are expecting greater demand to are available in. So the affect of beneath-utilization costs will be greater or less the same in Q3 and this fall.

    Katy Huberty -- Morgan Stanley -- Analyst

    thanks.

    Operator

    thanks. Their next query is from the road of Mitch Steves of RBC Capital Markets. Your line is open.

    Mitch Steves -- RBC Capital Markets -- Analyst

    good day guys, thanks for taking my question. Is it a query greater on the notebook facet of the business. It sounds such as you guys are seeing some weak point as a result of CPU constraints, is there any strategy to support us quantify what that have an impact on is? after which secondly, if you happen to think that replace, due to the fact that or not it's likely affects the consequences within the hard disk force facet?

    William David Mosley -- Chief executive Officer

    Yeah, Mitch. i'd say it be in opposition t the backdrop, like they observed in the script of all of the SSD incursions, herbal transition, specifically for the decrease ability. So and what they name the commercial enterprise -- sorry the area compute markets, you are seeing some low capacities 500 gigabytes or 1 terabytes after which you're seeing some excessive potential, some bifurcation if you will to 2s and four terabytes, the place the CPU constraints are a problem constantly, are of smaller players, so the lengthy tail, in case you will, distribution channel. I suppose, would be a great way to think about it. within the distribution channel, there are some americans nonetheless making the lessen capability disk drive products, however very few, I suppose they are typically plenty extra entrepreneurial. I spoke of this a bit bit final quarter. They nonetheless haven't seen the healthy channels just yet. So whereas, weeks available are relatively match on a relative groundwork. I appear at the absolute price within the channel and it's not as robust essentially as it became simply a couple of quarters in the past. And that includes the bigger capability stuff, which should be some of those new markets and creative new market. So, you know, my perspective is that this will delivery to return online as smartly through within the lower back half of the year, but it in fact hasn't built up as an awful lot momentum as I expected within the January timeframe.

    Mitch Steves -- RBC Capital Markets -- Analyst

    bought it. And just to make clear, is that impacting the margin line, the gross margin line as well, given that doubtless below transport in somewhat?

    William David Mosley -- Chief executive Officer

    To the extent that they have greater product to be absorbing their factories, the answer is yes. And, you recognize, the distribution channels, a few of them tended to extra time supply some high-quality outlets at low capacities and high capacities. So it could be nice to get one of the optimum stuff moving again.

    Mitch Steves -- RBC Capital Markets -- Analyst

    acquired it. thanks.

    Operator

    thank you. And their subsequent question comes from the line of Ananda Baruah of Loop Capital. Your line is open.

    Ananda Baruah -- Loop Capital -- Analyst

    hi. respectable morning, guys. I guess decent afternoon for you guys. Dave and Gianluca, thanks for taking the query. I guess, simply real quick, a pair from me. So Dave, is it secure to say that due to the fact that we're in form of ninety days additional to the calendar that you feel that a whole lot extra assured about the hyperscale choosing returned up as they get into the 2nd half of the 12 months? I bet from simply a brief 2nd part in that, regarding your comment about fiscal 2020 demand, how long do you see, I bet here is all form of simply bought at this point, however how lengthy do you see -- how lengthy are you hopeful that this next cycle will pay -- can closing once it get all started? Thanks.

    William David Mosley -- Chief executive Officer

    it's unique. So a couple of features. So I consider on the February call, they were simply coming off a reasonably disturbed pull dynamic that have been occurring all of the approach through December. And the (inaudible) became one element of it, no longer the just one certainly. It became relatively international. or not it's additionally got a long tail. it be not just one CSP or 3 CSPs or whatever, but it's additionally the smaller build out. The intent they have faith in the back half of the yr now is we're beginning to see probably the most information center construct out that changed into predicted say 6 months or 9 months ago to be discussed once more, actual equal datacenters once again, notably globally. after which they also think that there has been some inventory readjustments which have long gone on for the last 6 months. There will be an anticipation of moving to higher skill drives with superior total can charge possession propositions out in the lower back half of the year. So we're feeling much more confident that they had been there speakme to you in February, for sure. as far as the next cycle, this one's been a bit bit extra reported than the remaining one which it feels that way and it be been extra world and it be been touching as they attain out through OEMs and ODMs who are assisting

    Questions and solutions:

    William David Mosley -- Chief executive Officer

    who are assisting do the construct, it's been a lot greater broad based mostly than the last one. The remaining one got here lower back relatively promptly, as a result of the area turning on on the identical time, we're listening to roomers of all this, however I still would not say amazing, nonetheless it looks like this is able to maybe a much bigger height in exabytes but a whole lot wider, i would say that way, as a result of -- just as a result of there can be a little bit of trepidation.

    Mitch Steves -- RBC Capital Markets -- Analyst

    it really is advantageous. i'll stop there and notice the flooring. Thanks so plenty.

    William David Mosley -- Chief government Officer

    Thanks.

    Operator

    thanks. Their subsequent question is from the line of (inaudible) your line is open.

    Unidentified Participant -- -- Analyst

    Thanks for taking my question. On the 16-terabyte what are the unit volumes, how did that compare to final 12 months and every other new product ramp?

    William David Mosley -- Chief govt Officer

    Thanks, Kevin. Yeah, they like this platform fairly a bit, you know there is -- they get via a lot of transitions to your factor, distinctive drives going from 6 to eight to 10 to twelve to fourteen, you know they have now had distinctive drive structures. This particular platform for us will take us sixteen and 18 with SMR and other variance it'll take us beyond 18-terabytes and possibly into the HAMR households as neatly, because HAMR is definitely dropping into this when we're able. So they consider very comfy with their capability to yield and ramp this product. it be passed through all its inner qualification trying out truly well and so that is why we're pretty aggressive about it. I think it be going to be an attractive steep ramp as neatly. So, within the closing couple of months, just giving lead times for largely the pinnacle wafers which are required for that, it truly is where we've concentrated a lot of their efforts internally. My senses as smartly that given some of the pause this is gone on in hyperscale and different areas around the world that the cost proposition of sixteen-terabytes versus maybe 12, it became notion of 6 months in the past when the fall begun, it's relatively huge. and that i consider they are going to birth to peer those revenue ramps in early -- fiscal year 2020.

    Unidentified Participant -- -- Analyst

    ok, high-quality. thank you.

    Operator

    thanks. Their subsequent query is from the line Aaron Rakers of Wells Fargo. Your line is open.

    Aaron Rakers -- Wells Fargo -- Analyst

    Yeah. thanks for taking the question. sort of constructing on the excessive capacity nearline drives, one in every of your rivals variety of notes as far as in the context of visibility type of stocking relationship and visibility and from a listing, even getting paid the wholesome stock for one of the crucial hyperscale valued clientele. So i am curious that how do you represent your visibility? Do you have got an identical relationship as that ? and then additionally how would you compare sixteen terabytes competitively versus the rivals that you see and when they might come into market? thank you.

    William David Mosley -- Chief govt Officer

    Aaron, the second query first. I do not in fact -- they accept as true with, they are in the lead on sixteen terabytes and the households that go on together with it with distinctive SMR variance and issues like that. it's like -- it appears -- I will not have very first rate visibility past there so far as when people are going to be capable of ramp. All i do know is, we're able to ramp. Relative the stocking, I do believe there are a number of customers that have such big scale that they beginning speaking like that, other valued clientele are tons more opportunistic and it's been a buyer's market these days. So they were, like I spoke of, previous, they have been 90 days ago, they had been definitely looking at their cash and controlling their bills very, very carefully to be sure they did not lift too an awful lot stock. If they had pushed out extra of the lower ability drives in anticipation of higher ability, I don't if that serves us right either, so that's the way they are pondering it, if that helps

    Aaron Rakers -- Wells Fargo -- Analyst

    okay, thank you.

    Operator

    thanks. Their next question comes online of Jim Suva of Citi. Your line is open.

    Jim Suva -- Citi -- Analyst

    thank you. in your organized comments you mentioned an enhancing demand atmosphere in the 2nd half whereas the yr progresses, is that based mostly upon older trends that you simply're seeing or extra anecdotal of customers sweating or the use of their assets a little bit longer just attempting to assist determine the conviction degree of that rebound well-liked?

    William David Mosley -- Chief executive Officer

    Jim, it's, unique as a result of I suppose there may be a bit bit of each of what you said. the first is individuals know that they are going to be making the funding for 5 or 6 or 7 years when they buy the subsequent product, so, they will wait to get the right TCO proposition, it truly is -- these are greater hyperscale and global hyperscale comments. I feel relative to my past feedback about one of the vital channels had been disrupted, there have been a lot of liquidity considerations notably amongst smaller gamers, extra entrepreneurial people had been trying to do edge construct out, very utility specific objects and because of that I consider the market has been relatively uneven, we're beginning to see their method via that, americans are coming lower back to those plans once again, as all of us know facts will grow and some of these new applications will take off. So, but I believe given one of the crucial considerations the realm turned into having returned within the December time body they just failed to have very good visibility in them, so we're nonetheless expressing self belief in opposition t this next cycle.

    Jim Suva -- Citi -- Analyst

    thanks so a good deal.

    Operator

    thanks. And that does conclude their query-and-reply session. i would like to turn the call returned over to management.

    William David Mosley -- Chief govt Officer

    Thanks, Amanda. I are looking to as soon as again thank all of their employees, customers, suppliers and company companions for their contributions to their third quarter efficiency. and because of their shareholders for their ongoing aid. they will consult with you subsequent quarter. thanks.

    Operator

    women and gentlemen, thanks in your participation in latest conference. This does conclude the application. You may additionally now disconnect. every person have an excellent day.

    length: 34 minutes

    name individuals:

    Shanye Hudson -- vp Investor family members.

    William David Mosley -- Chief executive Officer

    Gianluca Romano -- Chief financial Officer

    Katy Huberty -- Morgan Stanley -- Analyst

    Mitch Steves -- RBC Capital Markets -- Analyst

    Ananda Baruah -- Loop Capital -- Analyst

    Unidentified Participant -- -- Analyst

    Aaron Rakers -- Wells Fargo -- Analyst

    Jim Suva -- Citi -- Analyst

    more STX evaluation

    Transcript powered by means of AlphaStreet

    this text is a transcript of this convention name produced for The Motley idiot. while they try for their foolish premier, there could be error, omissions, or inaccuracies during this transcript. as with any their articles, The Motley idiot does not assume any responsibility in your use of this content, and they strongly encourage you to do your personal research, including taking note of the name yourself and reading the business's SEC filings. Please see their terms and prerequisites for additional particulars, including their mandatory Capitalized Disclaimers of liability.


    linzer-tattooatelier.at | kunst, die unter die haut geht - linzer tattooatelier | in gelassener atmosphre am rande der obersterreichischen landeshauptstadt, fern von stress und alltag werden individuelle dot-, geometric- und watercolortattoos mit viel liebe zum detail und mit allerhchster akribie verewigt. | dumps, julia, urfahr, schmidinger, tattooartist, linz, lederfabrik, watercolor, tattoo, tattooatelier, dots, geometric, aquarell, geometrie, linzer
    sy0-301dumps.com | sy0-401 000-959 dumps | pass4sure comptia security+ sy0-401 exam questions & answers practice test dumps | pass4sure comptia security+ sy0-401 exam questions & answers practice test dumps |
    elearningexams.com | free microsoft exams learning center and questions answers 000-959 dumps - exams study material | all microsoft exams questions answers free practice test sample questions available. your ultimate source of study. |
    vcp550dumps.com | free and latest braindump2go exam questions | all braindump2go latest microsoft, vmware, comptia, cisco,hp ,citrix and some other hot exams practice tests & questions and answers free download! | ciscio new updated: new updated 350-080 exam questions from braindump2go 350-080 pdf 000-959 dumps and 350-080 vce dumps! welcome to download the newest braindump2go | exam, test, dumps, study, guide, questions, center, book, actual, brainfump, ccie, data, written
    jasonshauling.com | jasons hauling | official website | construction hauling, tractor trailer dumps, tri-axle dumps, tandem dumps | |
    pass4king.com | pass4king - they provide all kinds of it certification exam study guidance and brain dumps | pass4king gives the candidates the latest update version microsoft, cisco, oracle and comptia certification training and study materials. their high quality brain 000-959 dumps and q&as are the most accurate study guide material about the it certification exam. they provide their customers 100% pass guarantee. | exam, certification, material, redhat, microsoft, dumps, cisco, comptia, vmware

    RSS Killexams 000-959 dumps

    CNN

    Fox News

    Google News




    Article 1 | Article 2 | Article 3 | Article 4 | Article 5 | Article 6 | Article 7 | Article 8 | Article 9 | Article 10 |
    Back to Exam List


    Exam dumps Books list