Western Digital
Western Digital 2010 Annual Report and Form 10-K The Company Founded in 1970, Western Digital is a data storage pioneer and long- time leader in the hard drive industry. WD provides cost effective storage solutions for people and organizations that collect, manage, and use digital information. WD® hard drives and solid-state drives are found in desktop and notebook computers, corporate networks, and home entertainment systems, as well as sophisticated medical, military/ aerospace, and telecommunications systems. They are also used as personal storage for backup and portable applications. Customers rely on WD drives to keep data accessible and secure from loss. WD is responding to changing market needs by delivering an ever broadening range of storage solutions, deploying technologies which reduce energy usage, increase performance and improve ease of use, with the same quality, reliability, and on-time delivery that have made WD successful in the traditional computing markets. The company also is stepping outside those traditional markets with new products such as media players that enable consumers to manage and enjoy a wealth of digital content. Our products are marketed to leading OEMs, systems manufacturers, selected resellers and retailers under the Western Digital® and WD brand names. Product, financial, and investor information is available on the company’s website at www.westerndigital.com. John F. Coyne President and Chief Executive Officer Fellow Shareholders: Fiscal 2010 was another highly profitable growth year for WD, concluding a decade of strong financial performance as the company marked its 40th year of operation. REVENUE Looking ahead into our fifth decade, ever-increasing demand Dollars in millions $9,850 for cost-effective, high-capacity storage continues to provide $10,000 $9,000 opportunity for substantial growth and consistent value creation, $8,074 $8,000 $7,453 when addressed with an effective business model.
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