The Information Technology 100
Western Digital has prospered by living dangerously. While disk-drive rivals Seagate, Maxtor, and Toshiba target big iron, consumer gear, and portable electronics, Lake Forest, (Calif.)-based Western Digital relies heavily on selling to the basic desktop PC market.
Thatís saying something, given the cut-throat economics and slower growth of desktops compared with laptops, MP3 players, and other booming new areas. The companyís revenues climbed 12% in fiscal year 2004, which ended in July, and jumped 17% through the first three quarters of this year, to $2.7 billion. The question now: As Western Digital enters these faster growth markets -- laptop drives and 1-inch drives used in cell phones and MP3 players -- can it operate as efficiently as it has in desktops?
|Return on Equity||28.2%|
|Industry||COMPUTERS AND PERIPHERALS|
|CORPORATE WEB SITE|
All figures are for the most recent available 12 months.
* Latest available data for the 12-month period ended Dec. 31, Jan. 31, Feb. 29, Mar. 31, or Apr. 30. For companies that do not report quarterly, the most recent annual data were used.
Data provided by Standard & Poor's Compustat, BusinessWeek
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