Latest news with #storage
Yahoo
8 hours ago
- Business
- Yahoo
Replace Your Dropbox Subscription With This 10TB Lifelong Alternative
This site may earn affiliate commissions from the links on this page. Terms of use(Opens in a new window) . Are you still paying for a Dropbox subscription? Why? Instead of renting space for your files, it might be cheaper to just own it outright. Instead of spending a small fortune on recurring fees for Dropbox, switch to Internxt cloud storage and get 10TB of cloud storage forever. No more renting your cloud storage. Internxt is yours for life for $279.99 (reg. $2,900) up front with coupon code STORAGE20. It may be a large payment at first, but consider this: Dropbox is about $15 a month, meaning if you do the math, this Internxt offer pays for itself after 18 months, while Dropbox just gets more expensive the longer you use it. Internxt's cloud plan already takes the lead from Dropbox just because it eliminates subscription fees for good, but here's another reason why you'll want to make the switch: unlike other Dropbox alternatives that don't offer mobile or desktop access via apps, Internxt does, making it incredibly user-friendly. Simply open the app, select the files you want to transfer, and ditch your old cloud subscription forever. With this Internxt deal, you'll get a generous 10TB of cloud storage, which might just be larger than what you had as you were paying for a subscription. With this capacity, you can store 2.5 million photos, 2,000 hours of HD video, and 20 million documents. It might just last your entire lifetime, or at the very least, the near future. Another reason you might prefer Internxt over Dropbox? Every photo and file you upload is secured with end-to-end encryption, which will prevent unintended recipients or bad actors from reading your content. Plus, Internxt's source code is 100% open-source, meaning you can review it on GitHub to ensure there aren't any vulnerabilities. Say goodbye to your Dropbox subscription for good. Use code STORAGE20 to get an Internxt 10TB Lifetime Subscription on sale for $279.99. Sale ends July 20 at 11:59 p.m. PT. StackSocial prices subject to change.
Yahoo
2 days ago
- Business
- Yahoo
Pure Storage Inc (PSTG) Q1 2026 Earnings Call Highlights: Strong Revenue Growth and Strategic ...
Revenue Growth: 12% increase in Q1 revenue. Operating Profit: $83 million with an operating margin of 10.6%. Storage-as-a-Service TCV Sales: Increased 70% to $95 million. Subscription Services Revenue: $406 million, up 17%. Annual Recurring Revenue (ARR): Grew 18% to $1.7 billion. Total Remaining Performance Obligations (RPO): Increased 17% to $2.7 billion. US Revenue: $531 million, a 9% increase. International Revenue: $248 million, a 21% increase year over year. Gross Margin: Improved to 70.9%, with subscription services margin at 77.2%. Product Margin: Rose 1.1 points sequentially to 64%. Operating Cash Flow: $284 million. Capital Investments: $72 million. Share Repurchases: $120 million returned through 2.5 million share repurchases. Q2 Revenue Guidance: Expected to be $845 million, a 10.6% year-over-year increase. Q2 Operating Profit Guidance: Expected to be $125 million with an operating margin of 14.8%. Warning! GuruFocus has detected 3 Warning Sign with PSTG. Release Date: May 28, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Pure Storage Inc (NYSE:PSTG) delivered double-digit revenue growth of 12% in Q1, with strong operating profit and margin performance. The introduction of Fusion 2.0 has been well-received, with nearly 100 customers using or testing the software to manage their data infrastructure. The launch of FlashBlade//EXA positions Pure Storage Inc (NYSE:PSTG) as a leader in high-performance storage for AI and high-performance computing environments. Strong growth in Storage-as-a-Service solutions, with Q1 TCV sales jumping 70% to $95 million, driven by large Evergreen//One deals. Partnerships with major companies like Nutanix and Microsoft enhance Pure Storage Inc (NYSE:PSTG)'s virtualization solutions, providing modern, scalable environments for high-demand workloads. The macroeconomic environment remains uncertain, with potential impacts from tariffs and economic conditions in the second half of the year. The departure of CFO Kevan Krysler introduces potential transitional challenges as the company searches for a new financial leader. Despite strong performance, there is less visibility and predictability for the second half of the fiscal year due to market dynamics. The hyperscale collaboration with Meta is progressing slowly, with a long design cycle impacting the timeline for potential revenue recognition. Subscription margins could face pressure if higher tariff costs materialize, although the company plans to absorb these costs efficiently. Q: Can you provide an update on the hyperscale opportunity with Meta and how it is evolving from pilot to production? A: Charles Giancarlo, CEO: The process with Meta is progressing as expected, aligning with their 1.5 to 2-year design cycle for their next-generation data center. We are on track to deliver the anticipated 1 to 2 exabytes in the second half of the year. Discussions with other hyperscalers are also progressing steadily, though it's hard to predict when they will result in a fully validated design win. Q: How should we think about the opportunity and financial implications of the newly announced FlashBlade//EXA offering? A: Charles Giancarlo, CEO: FlashBlade//EXA targets niche markets like government sovereign clouds and large-scale GPU clusters. While not as large as the entire enterprise market, it can still be substantial. The margins are expected to be at or above our standard company margins. Rob Lee, CTO, added that EXA builds on the success of FlashBlade//S, targeting the next level of scale in AI environments. Q: Are you seeing any changes in buyer behavior due to macroeconomic uncertainties, such as a shift towards less expensive options or increased adoption of Evergreen//One? A: Charles Giancarlo, CEO: We haven't observed significant changes in customer sentiment or substantial pull-ins in Q1. While the second half of the year is less predictable due to tariffs and economic conditions, the first half has not shown significant shifts. Kevan Krysler, CFO, noted that Evergreen//One could benefit over time as it absorbs tariff costs without increasing subscription rates. Q: How does the revenue recognition work for the 1 to 2 exabytes from Meta in the second half? A: Kevan Krysler, CFO: There will be some de minimis revenue contribution from Meta in the second half, which has been considered in our annual guidance. The revenue model will likely be a licensing fee, not reflecting the full gross value. Q: Can you clarify the impact of potential higher tariff costs on subscription margins? A: Kevan Krysler, CFO: We are efficient in leveraging technology and managing tariffs due to our agile manufacturing and supply chain. We do not foresee a significant burden on our subscription gross margins from potential tariff costs. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
CTV News
3 days ago
- Automotive
- CTV News
16 Amazon Canada Products That'll Help You Keep Your Car Organized
The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Keeping your car organized can be hard, but that's why storage solutions exist. From backseat clutter control to trunk must-haves, we've rounded up a few of our favourites to make finding what you need less stressful. If you've got chaos in your car and are in desperate need of a declutter, these space-saving products will help you get the job done. Here are a few of the best car organization products you can find on Amazon Canada right now: Disclaimer: The prices displayed are accurate at the time of publication. We'll do our best to keep them as up-to-date as possible, but you may see slight changes.
Forbes
3 days ago
- Business
- Forbes
Ultrium/LTO Announces 30TB Native LTO-10 Magnetic Tape
LTO tape cartridges getty LTO-10, the newest generation of the LTO Ultrium tape format, was announced today. Full-height drives and media are available for immediate ordering from vendors like Symply and Spectra Logic. Shipments of LTO-10 drives and media are to begin in June 2025. The latest generation LTO tape offers native storage capacities of 30TB and 400MB/s transfer speed per cartridge. 2.5X compressed capacities of 75TB are also advertised per cartridge. LTO-10 provides a 66% increased capacity per cartridge than the prior generation LTO-9 tape. Supported interfaces include 32 Gb/s Fibre Channel and 12 Gb/s SAS. Magnetic tape provides some of the most cost-effective digital storage with costs per TB. The prior generation LTO-9 tape cartridges at 18TB native sell for about $90, or about $5/TB. In high volume the LTO-10 tapes should provide even lower prices, perhaps closer to $3/TB native. This compares to our estimates of large data center HDD prices of about $10-12/TB. These HDDs are available at capacities up to 36TB using HAMR or SMR technologies. The LTO program projects LTO generations of up to LTO-14. These new generations tended to be introduced every 2-3 years, although LTO-9 was introduced in September 2021, or about 3.5 years before the LTO-10 introduction. In addition to lower storage prices compared to HDDs, LTO and other magnetic tape technologies are mostly used in library environments where the tape cartridges are stored on shelves until needed when they are accessed by robotic handling systems to load them into and out of drives where data is written or read. Many tape cartridges can be used for each drive and data is actively used only when it is in the drives. As a consequence, the energy consumption per storage capacity for magnetic tape is much less than for HDDs, which are usually always on. Thus, magnetic tape can provide better total cost of ownership for a given storage capacity. This makes magnetic tape an important element in the digital storage hierarchy for retaining data that doesn't need fast access. Coughlin Associates estimates that about 180 Exabytes of compressed, 2.5X native, capacity of magnetic tape was shipped in 2024. According to Barry Rudolph, board member of storage systems company, Spectra Logic, the LTO program announced its initial product roadmap shortly after the introduction of LTO-1 in 2000. This was a gutsy thing to do. Up until LTO-9 the Ultrium/LTO Industry group composed of HPE, IBM, Quantum, Fujifilm, Sony and several other companies had generally achieved a doubling of native cartridge capacity with every generation. The prior LTO roadmap had LTO-9 targeted for 24TB, but when it was introduced, it was an 18TB product. LTO-9 drives could read LTO-8 cartridges, but not earlier generation LTO tapes. LTO-10 drives will have similar limitations for reading older cartridge readability. The LTO generation roadmap before the introduction of LTO-10 targeted this product as up to 36TB. However, it is not uncommon for digital storage technologies to miss their targets in terms of capacity and other important characteristics. Many storage technologies have had roadmaps for future products over the years, including HDDs and SSDs, often made by storage consortia or the individual companies. Making advances in these various storage technologies has been getting harder over time, slowing advances in storage density, among other characteristics, similar in some ways to the slowing of semiconductor lithographic advances. For instance, prior HDD technology roadmaps showed the introduction of energy assisted magnetic recording many years before the introduction of this technology in shipping HDDs in the last 3 years. Below is the current LTO roadmap for tape cartridge roadmap showing expectations for future products up to LTO-14. This roadmap still shows the LTO-10 as up to 36TB and LTO-14 as up to 576TB. We expect an updated version in the near future. We presume LTO-14 would still have 2.5X compressed storage capacities of over 1PB per cartridge. LTO Roadmap, as of 5/27/25 Ultrium LTO LTO-10 magnetic tape cartridges with native storage capacities of 30TB are announced with shipments of cartridges and drives to occur in June 2025. Magnetic tape continues to provide some of the most cost effective and lowest energy digital storage technology in the market.
CNET
3 days ago
- Business
- CNET
Last-Minute Memorial Day Deal: Back Up Everything With This $60 SK Hynix 1TB Flash Drive
It's critical to back up pictures, music and important documents, but you don't need these files eating up valuable storage space on your computer's hard drive. If you're looking for a simple, portable and affordable solution, we've got a great post-Memorial Day deal that you won't want to miss. Amazon is still offering a $20 discount on this compact SK Hynix Tube T31 stick SSD with an impressive 1TB of storage, which drops it back down to the all-time low price of just $60. Though this deal could vanish at any point now that Memorial Day has passed, so get your order in soon. This drive features a USB-A 3.2 Gen2 connection for all of your favorite devices including Macs, PCs and even the latest game consoles. All you have to do is plug it in to get started. Hey, did you know? CNET Deals texts are free, easy and save you money. A small thumb drive that you can slide into your pocket, this SSD offers 1TB of storage while sporting fast transfer speeds of up to 1,000 Gbps when paired with high-speed devices and ports. It's also backed up by a three-year warranty so you can rest assured that your new drive will stand the test of time -- all while saving you a third off the original price. Why this deal matters You can never have too much storage and this portable solid-state flash drive is small, fast and ready to go at a moment's notice. At just $60, now is a great time to pick one up because you never know when 1TB of portable storage could come in handy.
