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$WDC, which acquired $SNDK in Oct. 2015, said that with regard to $SNDK acquisition, it would realize $400MM of operating expense savings. The company also said that it would achieve additional meaningful savings from the reduction in cost of goods sold. These savings would be obtained over one to two years period.
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.