In an interview with Forbes this morning, Seagate CEO Steve Luczo said the company is expecting the total addressable market for the disk-drive sector in the June quarter to be flat to down slightly from the March period, which he says is typical for the period.
Meanwhile, Credit Suisse analyst John Pitzer late yesterday wrote in a research note that the company is likely to post October quarter results below expectations, and to provide January quarter guidance below current estimates, due largely to fallout from the severe flooding in Thailand, which has severely curtailed production in the disk-drive sector.