| Western Digital develops, manufactures, and provides data storage devices and solutions. Co.'s technology and products portfolio address the following markets: Client Devices, which consist of hard disk drives (HDDs) and solid state drives (SSDs) desktop and notebook PCs, smart video systems, gaming consoles and set top boxes, as well as flash-based embedded storage products; Data Center Devices and Solutions, which consist of a range of enterprise HDDs and enterprise SSDs, and platforms; and Client Solutions, which consist of HDDs and SSDs embedded into external storage products and removable flash-based products, which include cards, universal serial bus flash drives and wireless drives. We show 47 historical shares outstanding datapoints in our WDC shares outstanding history coverage, used to compute WDC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WDC market cap history over the course of time is important for investors
interested in comparing WDC's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WDC versus a peer is one thing; comparing
WDC market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WDC can fluctuate over the course of history.
With this page we aim to empower investors researching WDC by allowing them to research the WDC market cap history.