10-QPeriod: Q3 FY2008

WESTERN DIGITAL CORP Quarterly Report for Q3 Ended Mar 28, 2008

Filed May 6, 2008For Securities:WDC

Summary

Western Digital Corporation (WDC) filed its 10-Q for the period ending March 27, 2008, providing investors with an update on its financial performance and operational status. The report details the company's financial position, results of operations, and cash flows for the third quarter and the first nine months of fiscal year 2008. Investors should pay close attention to the Management's Discussion and Analysis (MD&A) section for detailed insights into the company's performance drivers, challenges, and future outlook. The filing indicates a review of the company's financial statements, including balance sheets, income statements, and cash flow statements, along with crucial notes to these statements. This information is vital for understanding WDC's revenue generation, cost structure, liquidity, and overall financial health. Additionally, the report addresses market risks and internal controls, which are important considerations for assessing the company's operational resilience and risk management practices.

Key Highlights

  • 1The report covers the unaudited condensed consolidated financial statements for the nine months ended March 28, 2008, and the third quarter of fiscal year 2008.
  • 2Key financial statements include Consolidated Balance Sheets, Statements of Income, and Statements of Cash Flows.
  • 3Management's Discussion and Analysis (MD&A) provides crucial context on financial condition and results of operations.
  • 4The filing addresses Quantitative and Qualitative Disclosures About Market Risk, offering insight into financial risk management.
  • 5Information on Legal Proceedings and Risk Factors is included, highlighting potential challenges and uncertainties.
  • 6Disclosure on Unregistered Sales of Equity Securities and Use of Proceeds is present, relevant for understanding share structure and capital management.

Frequently Asked Questions

This 10-Q filing provides an unaudited update on Western Digital Corp's financial performance and position for the third quarter and the first nine months of fiscal year 2008, ending March 27, 2008. It includes detailed financial statements and management's analysis of the company's operational results and financial condition.

The "Condensed Consolidated Statements of Income" for the three and nine months ended March 28, 2008, and March 30, 2007, along with the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section, are the primary sources for understanding the company's financial performance.

The filing includes an "Item 1A. Risk Factors" section, which is crucial for investors to understand the potential risks and uncertainties that could impact the company's business and financial results. Specific details on these risks would be elaborated within this section of the full report.

Yes, the filing includes "Item 1. Legal Proceedings," which would detail any significant legal actions or claims against Western Digital Corp during the reporting period. Investors should review this section for potential financial or operational impacts.