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| STX > SEC Filings for STX > Form 8-K on 13-Apr-2009 | All Recent SEC Filings |
13-Apr-2009
Results of Operations and Financial Condition, Financial Statements and Exhibi
On April 13, 2009, Seagate Technology (or the "Company") issued a press release to report its preliminary financial results for the fiscal quarter ended April 3, 2009. A copy of this press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
The information contained in this report and the attached press release is "furnished" but not "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.
(d) Exhibits.
The following exhibit is attached to this Current Report on Form 8-K:
Exhibit No. Description
99.1 Press release, dated April 13, 2009, of Seagate Technology
entitled "Seagate Technology Announces Selected Preliminary
Fiscal Third Quarter 2009 Financial Results."
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Cautionary Note Regarding Forward-Looking Statements
This Current Report contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking statements
include, but are not limited to, statements related to the Company's preliminary
results for the March quarter and its future operating and financial
performance, including expected revenue, net loss and product competition,
customer demand for our products, the impact of recent and anticipated cost
reduction efforts and general market conditions. These forward-looking
statements are based on information available to Seagate as of the date of this
Current Report. Current expectations, forecasts and assumptions involve a number
of risks, uncertainties, and other factors that could cause actual results to
differ materially from those anticipated by these forward-looking statements.
Such risks, uncertainties, and other factors may be beyond the Company's
control. In particular, uncertainty in global economic conditions poses a risk
to the overall economy as consumers and businesses may defer purchases in
response to tighter credit and negative financial news. Such risks and
uncertainties also include the impact of the variable demand and the aggressive
pricing environment for disk drives, particularly in view of current business
and economic conditions; dependence on Seagate's ability to successfully
qualify, manufacture and sell its disk drive products in increasing volumes on a
cost-effective basis and with acceptable quality, particularly the new disk
drive products with lower cost structures; the impact of competitive product
announcements and possible excess industry supply with respect to particular
disk drive products; and our ability to achieve projected cost savings in
connection with our anticipated and announced restructuring plans. Information
concerning risk, uncertainties and other factors that could cause results to
differ materially from those projected in the forward-looking statements is
contained in the Company's Annual Report on Form 10-K as filed with the U.S.
Securities and Exchange Commission (the "SEC") on August 13, 2008, and in the
Company's Quarterly Report on Form 10-Q as filed with the SEC on February 10,
2009, which statements are incorporated into this Current Report by reference.
These forward-looking statements should not be relied upon as representing the
Company's views as of any subsequent date and Seagate undertakes no obligation
to update forward-looking statements to reflect events or circumstances after
the date they were made.
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