“There is no one that is using SSDs for storage,” said Steve Luczo, chief executive officer of Seagate, during the earnings conference call with investors and financial analysts. “I mean, maybe at the margin for replacing boot drives… I mean, maybe one or three per cent of the hierarchy is SSDs for storage. Most of your flash product is actually not hanging off the storage bus, it is fast memory.”
I feel sorry for this arrogant man, which is exactly why his business is going down. Data centres are going flash. Mobile devices are flash only. In 10 years this mechanical business will be driven out of mainstream like tape.