Looks like the storage business is doing well, probably boosted by increasingly mobile devices the likes of iPhone, iPad, netbooks, in vehicle entertainment, etc. See below for the full announcement:
Full-Year Revenue Totals US$9.8 Billion, Up 32 Percent, Net Income of US$5.93 Per Share, Up 185 Percent
Kuala Lumpur – 26 July 2010 — Western Digital Corp. (NYSE: WDC) today reported financial results for its fiscal year 2010 and fourth quarter ended July 2, 2010. For the quarter, revenue totaled US$2.4 billion, hard drive unit shipments were 49.7 million and net income was US$265 million, or US$1.13 per share. The quarterly results included US$27 million of expense related to litigation settlements. In the year-ago quarter, the company posted revenue of US$1.9 billion, shipped 40.0 million hard drives, and reported net income and earnings per share of US$196 million and US$0.86, respectively. This included US$5 million of income from the resolution of restructuring accruals and an US$18 million gain on the sale of the company’s substrate manufacturing facility in Sarawak, Malaysia.





