Western Digital's profit, revenue beat estimates

(Reuters) - Data storage company Western Digital Corp reported higher-than-expected revenue and profit on Wednesday, helped by demand for its products amid stabilizing PC demand and a shift by businesses to cloud storage. Western Digital has benefited from its shift to high-performance and cost-effective NAND flash drives, which is fast replacing the traditional magnetic storage method. The company bought SanDisk in May to bolster its NAND flash technology. Demand for the company's cloud-based d