Seagate 2007 Annual Report Download - page 4

Table of Contents
PRESENTATION OF FINANCIAL AND OTHER INFORMATION
In this Annual Report on Form 10-K (the “Form 10-K”), unless the context indicates otherwise, as used herein, the terms “we,” “us,”
“Seagate” “Company” and “our” refer to Seagate Technology, an exempted company incorporated with limited liability under the laws of the
Cayman Islands, and its subsidiaries. References to “$” are to United States dollars.
We have compiled the market share, market size and competitive ranking data in this Form 10-K using statistics and other information
obtained from several third-party sources.
Various amounts and percentages used in this Form 10-K have been rounded and, accordingly, they may not total 100%.
We own or otherwise have rights to the trademarks and trade names, including those mentioned in this Form 10-K, used in conjunction
with the marketing and sale of our products.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
Some of the statements contained in this Form 10-K that are not historical facts, particularly in “Item 1. Business,” “Item 1A. Risk
Factors,” “Item 3. Legal Proceedings,” and “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations,”
are statements of future expectations and other forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 or
Section 21E of the Securities Exchange Act of 1934, each as amended) that are based on management’s current views and assumptions, and are
conditioned upon and also involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ
materially from those in such statements due to, among other factors:
• the impact of the variable demand and the aggressive pricing environment for disc drives, particularly in view of current domestic and
global economic uncertainty;
•
our dependence on our ability to successfully qualify, manufacture and sell our disc drive products in increasing volumes on a cost
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effective basis and with acceptable quality, particularly the new disc drive products with lower cost structures;
•
the impact of competitive product announcements and possible excess industry supply with respect to particular disc drive products;
• market conditions;
•
our ability to achieve potential cost savings from restructuring activities; and
Such forward-looking statements are based on current expectations, forecasts and assumptions involve a number of risks and uncertainties
that could cause actual risks to differ materially and adversely from those anticipated by such forward-looking statements. Such risks and
uncertainties include a variety of factors, some of which are beyond our control. Certain forward-looking statements can be identified by the use
of forward-looking terminology, such as “believes,” “expects,” “may,” “are expected to,” “will,” “will continue,” “should,” “would be,” “seeks”
or “anticipates” or similar expressions or the negative thereof or other variations thereof or comparable terminology, or by discussions of
strategy, plans or intentions. Some of these risk factors are set forth and are discussed in more detail in “Item 1A. Risk Factors.” Should one or
more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those
described in this Annual Report on Form 10-K as anticipated, believed or expected. We do not intend, and do not
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• alternative cash imperatives which could impact our ability to repurchase stock.