Maxtor Corporation
Industry: Computer Storage Devices
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 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).
Another point of view
To many investors, profits are more important than revenue a company earns, If the Fortune 500 was ranked by profits instead of revenue then Maxtor Corporation would be ranked 552nd rather than 507th due to the fact it made a loss of $-43 million in 2006.
| Maxtor Corporation | Revenue* | Profit* | Fortune Ranking |
|---|---|---|---|
| 2006 | 3,890 | -43 | 507 |
* US$ Million
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Address
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Maxtor Corporation
500 McCarthy Blvd
Milpitas
CA
95035
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Maxtor Corporation
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Contact Details
- Phone: 408-894-5000
- Fax: 408-952-3600
- Website: www.maxtor.com
- Stock Symbol: MXO
Maxtor Corporation is not ranked in this year's Fortune 500