A Tale of Two Storage Giants: Seagate and Western Digital Move Apart
The hard drive industry has boiled down to a pair of giants standing head, shoulders, and a full torso above the rest. Both of them reported earnings last week. The reports sent one stock 12% lower, while the other held steady.
How can Western Digital (NASDAQ: WDC) and Seagate Technology (NASDAQ: STX) work in the same industry with similar business models, yet reap dramatically different results in the same quarter?
Let's have a look at these two reports, side by side.
Source Fool.com
