5 posts and columns on Steve Luczo

Gartner Slashes 2012 Global IT Spending Forecast

in News on January 5 at 7:05 am PT

Research firm Gartner just knocked down its growth forecast for global tech spending by nearly 1 percent. It may not sound like much, but it amounts to slowdown worth about $100 billion.
tight-budgets-stock

Seven Questions for Seagate CEO Steve Luczo About the Effects of the Thailand Floods

in News on November 23, 2011 at 5:45 am PT

Flooding in Thailand has killed more than 600 people, devastated the Thai economy and caused one of the most significant supply chain disruptions to the computer industry in a generation.
photo-exec-luczo-lr-feature

Voices

SanDisk, Seagate Debate Data-Storage Future

in News on January 10, 2011 at 4:00 pm PT

Many questions have been raised by consumers’ shifting focus to smartphones and tablet-style PCs. Sanjay Mehrotra seems to like answering them a bit more than Steve Luczo.

Hard Disk Error: Earnings Failure Detected

in News on July 22, 2009 at 6:55 am PT

The econalypse has been particularly unkind to Seagate Technology. The hard-drive manufacturer posted a fiscal fourth-quarter loss Tuesday, its third in a row. Weighed down by restructuring charges, Seagate reported a loss of $81 million, or 16 cents a share, compared to net income in the same quarter last year of $160 million, or 32 cents a share.
burnedoutharddrive

Voices

Seagate: CEO Luczo Says Drive Market Still Contracting

in News on January 22, 2009 at 4:36 am PT

Seagate CEO Steve Luczo this afternoon said a sharp dropoff in demand in December as the PC market weakened was the primary reason for the company’s larger-than-expected December-quarter loss. In an interview with Tech Trader Daily, Luczo said the company’s total addressable market appeared to be in the 150 million unit range entering the quarter, and still appeared to be that large well into November. But he says that starting in the back half of that month, demand began to crumble.