Stock Symbol: MXO
500 McCarthy Blvd
Maxtor Corporation Industry:
Computer Storage Devices
Maxtor Corporation Description:
Maxtor Corporation (http://www.maxtor.com) is one of the world's leading suppliers of information storage solutions. The company has an expansive line of storage products for desktop computers, high-performance Intel-based servers, and consumer electronics. Maxtor has a reputation as a proven market leader built by consistently providing high-quality products and service and support for its customers. Maxtor and its products can be found at http://www.maxtor.com or by calling toll-free 800-2-MAXTOR. Maxtor is traded on the NYSE under the MXO symbol.
Maxtor Corporation Financial Summary:
Maxtor Corporation supplies information storage solutions with products for desktop computers, near-line storage, high-performance Intel-based servers and consumer electronics. For the 6 months ended 7/02/05, revenues increased 9% to $1.99B. Net loss decreased 40% to $10.7M. Revenues reflect strong enterprise performance and increased volumes of shipment of SCSI drives. Lower loss reflects reduced amortization of intangibles expense.
Maxtor Corporation Business Summary:
Maxtor Corporation supplies hard disk drives for desktop, enterprise and consumer electronics applications. Its desktop products are marketed under the DiamondMax, MaXLine and Fireball brand names, and include 3.5-inch disk drives with storage capacities that ranges from 40 to 300 gigabytes (GB). These drives are used in desktop computers, digital video recorders (DVRs), set-top boxes and game consoles, as well as personal storage applications. The Company provides a line of high-capacity advanced technology attachment (ATA)/ Serial ATA drives for use in mid-line, near-line storage applications for the enterprise market. Its MaXLine-branded drives, with 250 or 300 GB of capacity, are designed for enterprise customers needing ready access to fixed-content data files. It also offers a line of high-end 3.5-inch hard disk drives. Revenue from its five largest customers represented 25.6% during the fiscal year ended December 25, 2004 (fiscal 2004).