Seagate CFO Patrick O'Malley stated solid state disks are still a nascent market, and that it will take some time before these products enter the mainstream market.
Solid-state drives (SSDs) are finally here: they are available in quantities from many manufacturers and they can provide real benefits at rather high price. However, it will take some time before SSDs will become popular or enter the mainstream market. It will definitely not happen this year, according to chief financial officer of the world’s largest maker of hard disk drives (HDDs).
“We will not give the revenue expectations [for SSDs], but it is still a nascent market. Very much so,” said Patrick O'Malley, chief financial officer of Seagate during quarterly conference call with financial analysts.
Currently, Seagate only ships solid state disks for enterprise systems. The current generation uses SATA, but later this year the firm will introduce SAS-based SSDs.
Source: X-bit Labs