Western Digital surpasses Q4 expectations, sees Chia gains

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Dec 17, 2013
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Ch-ch-ch-Chia.
western-digital-5tb-my-passport-external-drive-hero-byy0.jpg

[h=2]What you need to know[/h]
  • Western Digital had a good fourth quarter.
  • It managed $4.9 billion in revenue, representing a 15% year-over-year (YoY) increase.
  • Chia played a part in the company's hard drive success.
Western Digital had a solid fourth quarter that managed to beat analyst expectations. The guesstimates for WD's quarterly performance were $4.53 billion in revenue, but the company managed to shatter that ceiling with $4.9 billion. That's a 15% year-over-year (YoY) jump in gains.

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