Seagate 2011 Annual Report Download - page 6

Table of Contents
PRESENTATION OF FINANCIAL AND OTHER INFORMATION
Effective as of 1:30 p.m. PDT on July 3, 2010 (the "Effective Time"), Seagate Technology public limited company, an Irish public limited
company, ("Seagate-Ireland") became the successor to Seagate Technology, an exempted company incorporated with limited liability under the
laws of the Cayman Islands ("Seagate-Cayman"). In this Annual Report on Form 10-K (this "Form 10-K"), unless the context indicates
otherwise, as used herein, the terms "we," "us," "Seagate," the "Company" and "our" refer to Seagate-Cayman and its subsidiaries for periods
prior to the Effective Time and to Seagate-Ireland and its subsidiaries for periods after the Effective Time. References to "$" are to the United
States dollar.
We have compiled the market size 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 and assumptions included in this Form 10-K are 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, including, in particular, statements about
our plans, strategies and prospects and estimates of industry growth for the fiscal year ending June 28, 2013 and beyond contained 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." These statements identify prospective information and include words such as "expects," "plans," "anticipates,"
"believes," "estimates," "predicts," "projects" and similar expressions. These forward-
looking statements are based on information available to us
as of the date of this report and are based on management's current views and assumptions. These forward-looking statements are also
conditioned upon and also involve known and unknown risks, uncertainties and other factors that could cause actual results, performance or
events to differ materially from those in such statements. Such risks, uncertainties and other factors may be beyond our control and may pose a
risk to our operating and financial condition. Such risks and uncertainties include, but are not limited to:
• uncertainty in global economic conditions, as consumers and businesses may defer purchases in response to tighter credit and
financial news;
•
the impact of variable demand and the adverse pricing environment for disk drives, particularly in view of current business and
economic conditions;
• our dependence on our ability to successfully qualify, manufacture and sell our disk drive products in increasing volumes on a
cost-effective basis and with acceptable quality, particularly the new disk drive products with lower cost structures;
• the impact of competitive product announcements and possible excess industry supply with respect to particular disk drive
products;
•
our ability to achieve projected cost savings in connection with restructuring plans;
• the risk that we will incur significant incremental costs in connection with the implementation of our recently executed
transactions with Samsung Electronics Co. Ltd. or that we will not achieve the benefits expected from such transactions (see
Item 1A Risk Factors for risks related to our Strategic Alignment with Samsung below); and
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