Seven months ago, Steve Luczo (CEO) stated that “there is no one that is using SSDs for storage.” This statement still haunts Seagate Technologies, LLC to this date, even though it was out of context. “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 our flash product is actually not hanging off the storage bus, it is fast memory.” As it usually goes, the dismissive statements come at the time when you know that you have a good thing coming down the line, but you need to hold the fort.
