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More revenue. More stuff sold?
A bigger sales number can have more than one ingredient.
By Tony Yu / tkal · October 31, 2026 · One-minute visual guide
Mochi’s tiny bakery · made-up example
10 treats × $2 each$20Same number of treats →
10 treats × $3 each$30A higher price Illustrative arithmetic, not Seagate’s figures. Revenue grew even though the number of treats stayed the same.Keep this bitRevenue can rise because a company sells more, earns more per unit, or sells a different mix of products.
Ask about the ingredients
Did the company ship more? Did it earn more for each unit? Did customers buy a different mix? Those are different growth stories.
The Seagate connection
tkal’s Seagate Q1 FY27 analysis separates storage shipped from revenue earned per terabyte. That is the same question, applied to a real business.
Open the original sources
Source links open separately. Mochi’s pictures simplify the idea; the original documents carry the detail.