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$STX said that 4Q16 capital expenditures of $146MM were higher than its forecast due to the ramp-up of new products in its portfolio. The company shipped 36.8MM units of hard disk drives. $STX's HDD unit shipments have decreased 15% over the last five fiscal years as there was a shift from client/server technology to mobile cloud architectures.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!