WESTERN DIGITAL

Analysis before buying or selling Western Digital shares

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If you plan to take position on the Western Digital share price or buy this asset through a financial placement product then we recommend you read this article and learn some important information about this company and its assets. You will in fact discover data relating to the activities of this American company, as well as a presentation of its major competitors and recent partnerships. We will also examine how you can successfully complete a comprehensive fundamental analysis of this asset.

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ISIN code: US9581021055

Ticker: NASDAQ: WDC

Index or market: NASDAQ

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Elements to consider before selling or buying Western Digital shares

Analysis N°1

Firstly, we would continue to follow with interest the growth in the electronics market for the general public on which depends the majority of Western Digital’s activities.

Analysis N°2

This is also clearly the case with the demand for computers and games software that will influence the group’s activities.

Analysis N°3

It is of course also imperative to follow changes in legislation relating to data storage that could influence certain activities of this company.

Analysis N°4

The technological innovations achieved by this group are also important and we would also follow the R & D operations undertaken by Western Digital.

Analysis N°5

It is of course also highly recommended to follow the competition of this company on an international level with the operations and events of its major adversaries.

Analysis N°6

Finally, it is important to remember that the pricing policy followed by the Western Digital Company will directly impact its competitiveness on the market and therefore its profitability.

Analysis before buying or selling Western Digital shares

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General presentation of Western Digital

Let us now examine the Western Digital Company a little more in detail. It is important that you know the background of this group and its principal activities before launching into trading in its shares.

The Western Digital Corporation is an American company specialised in the electronics and IT sector that creates, manufactures and sells hard discs. This company notably produces internal and external hard drives for PCs, laptops, servers, work stations, storage networks and electronic devices for the general public under the brand names Western Digital and WD.

The sales of products marketed by the group are completed through system manufacturers, resellers and retailers.

It can also be advantageous to know the geographical distribution of Western Digital’s activities. This group in fact achieves 21.7% of its turnover in the United States, 4.6% in America, 23.3% in China, 31.6% in Asia and 18% in Europe, the Middle East and Africa.

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The major competitors of Western Digital

Let us now examine the principal competitors of the Western Digital group as this company is not alone in this activity sector and has to face major competition from other companies that we will now relate in detail.

Dell EMC

Previously known as EMC up to 2016, this American company is specialised in software and storage solutions. It was created in 1979 in Massachusetts and its registered office is still there. The EMC Group was the world leader in storage solutions up to 2010. In 2016 this company was acquired by the Dell Group.

Samsung Electronics

This Korean company is specialised in the manufacture of various electronic products. It is one of the subsidiaries of the Samsung Group which is one of the largest Korean companies. This company currently employs more than 308,700 people and is the thirteenth largest in the world. Among the activities exercised by this Samsung subsidiary we find storage systems that represent competition to the Western Digital range.

Seagate Technology

And the final direct major competitor to Western Digital is the Seagate Technology Group, an American company created in 1979 under the original name of Shugart Technology. This company is based in California and develops and sells hard discs. It is the second largest manufacturer of this type of products worldwide after Western Digital.

The major partners of Western Digital

We now offer you the opportunity to learn more about the allies of Western Digital with two particularly important examples of partnerships recently implemented by this group.

Acronis

The Western Digital Group with its hybrid platforms Ultrastar data 60 and Ultrastar Data 120 were chosen by Acronis, the current world leader in cyber protection due to the level of storage security they offer. Due to these solutions the company can benefit from a boost to its growth over the long term, and at lesser costs. In fact, following the creation of its revolutionary architecture used in 14 data centres the alliance with Western Digital was a clear choice for this company. This alliance has in fact provided a profitable and reliable storage solution that also guarantees the protection of its data for its present and future growth.

Huawei

In the past the Western Digital Group has also implemented several partnerships with the Huawei mobile telephone manufacturer relating to hard discs and various stable storage technologies. However, this partnership was recently suspended due to an American legal ruling.

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Frequently Asked Questions

What is the latest financial data published by Western Digital?

Like all businesses, the Western Digital Group publishes its financial results annually. Regarding the last figures published by this company, for the financial year 2019, we note that the company achieved a turnover of 15,569 million dollars. However, the true profitability was far from this as the net results for 2019 revealed a loss of 754 million dollars.

Where to find the best stock market charts for Western Digital shares?

If you require high quality stock market charts relating to the Western Digital Company then you should favour charts that offer practical functions on which you can personalise the information displayed. This is notably the case with the charts available through the online CFD trading platforms that enable you to complete a simplified technical analysis with real time indicators displayed thereon.

How to follow the significant news and events of Western Digital:

As the Western Digital Group is relatively well known in the stock market world it is fairly simple to find relevant information on this company and follow pertinent news and events. To do so you simply need to visit this company’s official website or subscribe to a personalised news feed or read the information available on your trading platform.

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