Seagate Says Hard Drive Shortage Will Continue Through 2012

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Seagate this week reported financial results for the quarter ended December 30, 2011, in which the company said it shipped 47 million disk drives and collected $3.2 billion in revenue. For the six months ended on the same day, Seagate says it collected revenue of $6 billion and returned $151 million to shareholders in the form of a dividend....

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