A year ago, Seagate had ~ 14% higher revenue / earnings, stronger position over WDC, and much less challenge from Solid State, but stock $25~27
Today, Seagate has less revenue / earnings, weak performance as compared to WDC, and much worse business environment due to the challenge by Solid State, but stock $45 ~ 50.
We all know HDD has no future and will down all the way, that's why Seagate pays high dividend and manage the stock price. But who would the person to collect those fading paper? It's a game and will be over very soon.
Absolutely right ! Apple has already moved its entire PC lineup to SSD, so the transition is already done at the high end of the consumer PC market. It will spread down from there quickly. WDC/STX are investment time bombs as they are not in a position to move into the SSD market as a meaningful competitor (totally different business and technology). The only question is how soon this will happen but it will be an accelerating effect so beware...