By Don Clark

Intel Corp. posted a 12% drop in first-quarter profit, but indicated that healthy demand for its widely used microprocessors is offsetting recent problems in memory chips.

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By Jennifer Pittman

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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By Rex Crum

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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A look at the tech company’s earnings and outlook, with William Watkins, Seagate Technology president/CEO and CNBC’s Mark Haines

Click here to view the video on the CNBC website.

William Watkins, chief executive officer at Seagate Technology, talks with Bloomberg’s Monica Bertran in New York about third-quarter earnings. The biggest maker of hard-disk drives said profit jumped 62 percent on rising sales to bigger businesses and consumers.

Click here to view the video on the Bloomberg website.

By Michael Kanellos

Business is slowing a bit in the drive industry.

The Scotts Valley, Calif.-based company said it pulled in $3.1 billion in revenue for its third fiscal quarter, which ran from January through March, and $344 million in net income. Net income per share came to 65 cents.

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Seagate CEO Bill Watkins stopped by the Wired offices to chat with EPICENTER author Bryan Gardiner.

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Bill Watkins talks about Wall Street, the economy, high tech, storage, flash and more.

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Click on this link to access the clip.

Bill Watkins puts acquisition rumors to rest and opines on the state of the data storage industry in the U.S.

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