By Rob Beschizza 

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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By Geoff Duncan 

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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By Michael Miller 

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.)

 PC Magazine

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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.

The Wall Street Journal

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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.

MarketWatch

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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

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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.

Bloomberg

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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.

CNET

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Bill Watkins, CEO of Seagate Technology, and Michael Kanellos of CNET News.com discuss the future of the drive industry, the current economy, and some of the changes he’d like to see coming with the 2008 election.

CNET

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