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Data storage giant $STX's revenue for 2Q16 decreased by $0.7Bil from the previous year quarter. This decline was due to a drop in unit shipments and price erosion, partially offset by improved product mix. The decline in unit shipments for 2Q16 of 11MM from last year was primarily the result of decreased demand for personal computing devices.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.