Value Investing News

For the last quarter, net income attributable to shareholders was $378 million, or $.77 a share. While these numbers are down over the previous quarter, their yearly net income and earning per share numbers have shown steady improvement over the last four years, an $1,609 million in net income meaning a $3.29 earnings per share. The hard drive market is a mature industry as evident in the decline in the byte per dollar rate but as technology develops into faster, smaller and mobile devices there will be a constant need for data storage.

• http://investment-income.net/this-weeks-best-us-bond-seagate-technologies-stx-6-147-yield-for-6-years.html (561)