Seagate 2015 Annual Report Download - page 51

Download and view the complete annual report

Please find page 51 of the 2015 Seagate annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 155

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155

TableofContents
Thefollowingtablesummarizesinformationregardingaveragedrivesellingprices("ASPs")excludingstoragesystems;drivevolumeshipments,exabytes
shipped,andrevenuesbychannelandgeography:
FiscalYear2016ComparedtoFiscalYear2015
Revenue
Revenueinfiscalyear2016decreasedapproximately19%or$2.6billion,fromfiscalyear2015,asaresultofadecreaseinshipmentsby43millionunitsand
priceerosion,whichwereduetolowerdemandintheclientcomputemarketandreduceddemandformissioncriticalHDDenterpriseproducts,partiallyoffsetby
improvedproductmix.
CostofRevenueandGrossMargin
Forfiscalyear2016,grossmarginasapercentageofrevenuedecreasedby500basispointscomparedtothepriorfiscalyearduetopriceerosionandreduced
demandinlegacyharddrivesresultinginunderutilizationofcertainfactories,partiallyoffsetbyimprovedproductmixinthesecondhalfoffiscalyear2016.
48
 FiscalYearsEnded
(Inmillions,exceptpercentages,exabytesandASPs) 
July1,
2016
July3,
2015
June27,
2014
UnitShipments:       
Enterprise   32  36  31
ClientCompute   93  132  144
ClientNon-Compute   44  44  45
TotalUnitsShipped   169  212  220
ASPs(perunit)  $ 61 $ 61 $ 61
ExabytesShipped   233  228  202
RevenuesbyChannel(%)       
OEMs  70% 71% 68%
Distributors  16% 17% 20%
Retailers  14% 12% 12%
RevenuesbyGeography(%)       
Americas  29% 28% 27%
EMEA  17% 17% 19%
AsiaPacific  54% 55% 54%
 FiscalYearsEnded
(Dollarsinmillions) 
July1,
2016
July3,
2015 Change
%
Change
Revenue  $ 11,160 $ 13,739 $ (2,579) (19)%
 FiscalYearsEnded
(Dollarsinmillions) 
July1,
2016
July3,
2015 Change
%
Change
Costofrevenue  $ 8,545 $ 9,930 $ (1,385) (14)%
Grossmargin  $ 2,615 $ 3,809 $ (1,194) (31)%
Grossmarginpercentage  23% 28%  