Intel's Smarting, But Seagate's Humming Along

less-than-great news:

Meanwhile, Seagate filed this statement Tuesday morning with the U.S. Securities and Exchange Commission:

The storage company added, "As is typical, demand and pricing during the remainder of the March quarter will be key factors in determining the financial results of the Company."

So is this all good news or bad news?

At a macro level, both Intel and Seagate are saying overall market conditions are the same, except for softer-than-planned memory pricing and firmer-than-expected storage pricing. In other words, it's largely business as usual.