Seagate Technology (News - Alert), a provider in the design, manufacturing and marketing of hard disc drives and storage solutions, announced today that it is the first hard drive manufacturer worldwide to have shipped 1 billion hard drives. This number is not only staggering in size but it also represents the massive amount of digital content being created in the home, hand, office, car and across dozens of other markets.

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In just under 30 years, Seagate has become the first manufacturer to ship one billion hard drives, and it expects to double that number within the next five.

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Seagate announced Tuesday that it has shipped 1 billion hard drives since pioneering an industry that shows no signs of slowing down 29 years later.

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Seagate claims it’s the first company to hit the magical “one billion drives shipped” mark, and doesn’t plan on slowing down any time soon. The company was founded in 1979, with its first drive offering up 5MB of storage for a whopping $2,500. We’ve certainly come a long way in 29 years, and Seagate expects to ship its next billion drives in less than five years. Of course, with all this “cloud computing” talk we’d think drive sales have to slow down at some point, but there’s certainly no sign of our GB appetites abating just yet. Now if you’ll excuse us, we need to download this 7GB MMO demo to a secondary hard drive.

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1 kilobyte, 1 kibibyte. 1 kilobit. 1,000 ASCII characters. Source code, file size, tile size, the number of letters in a short story: you decide.

Use your imagination. Give us a thousand of whatever you want. A 1,000 byte JPG, MP3 or textfile. Need a little extra? 1,024 will do, we’re not religious. We’re cool. Just make it 1K of awesome, k?

Thanks to Seagate Technology, which just shipped its billionth drive, one of you will get enough space to store your work a billion times over: a Terabyte hard drive.

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Seagate claims to be the first storage manufacturer to have shipped 1 billion drives, totaling more than 79 million terabytes of storage.

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I was interested to hear today that Seagate has sold its billionth hard drive.

That’s pretty amazing. Seagate is by far the first to reach that number, but of course it’s not the only player in the hard disk market, which has accounted for about 3.5 billion drives all told. (Western Digital, Samsung, Toshiba, Hitachi, and Fujitsu are the other current hard drive makers.)

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SCOTTS VALLEY - Seagate Technology executives said Tuesday that they misjudged product demand in some key areas and third quarter sales were lower than expected, but they still hailed a 62 percent jump in quarterly profit.

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SAN FRANCISCO (MarketWatch) - Seagate Technology shares fell almost 4% Wednesday after the No. 1 maker of computer hard-disk drives gave a fourth-quarter forecast that fell short of analysts’ estimates.

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