Western Digital’s revenue predicted to grow again in early C2020
Picacio’s updated longer-term predictions for Western Digital’s revenues, gross profit, and unit shipments appear to bode well for the company. These updates are based on our algorithms which currently predict SSD/NAND price stabilization towards the end of calendar 2019 driven by resumption of demand growth and supply rebalancing. We expect this could translate into top-line growth for Western Digital provided the company maintains market share in both HDD and SSD product lines. Our predictions will automatically update as new industry and economic data are ingested by our platforms.