Sign in with
Sign up | Sign in

Maxtor turns in Q4 loss on declining sales

By - Source: Tom's Hardware US | B 0 comment

Disk drive maker Maxtor reported a worse-than-expected loss for its fourth quarter, on declining revenue - problems its top officer says are related to a cost structure that is too high.

Revenue for the fourth quarter fell nearly 12 percent to $1.031 billion, compared with $1.17 billion for the same quarter a year earlier.

Read the complete story . (CRN)

There are 0 comments.
This thread is closed for comments