Moreover, hard disk companies are under pressure as customers such as tablet PC makers can choose flash cards for storage purposes instead of the customary hard disks. The situation may compel companies to cut hard disk prices, which will hurt margins. In such a situation, the companies are likely to pursue acquisitions to further consolidate the market, lower costs and alleviate competition. Seagate has a relatively strong cash generation ability that enables the company to look for strategic acquisitions that easily integrate with its current operations. In the last-reported quarter, Seagate generated $856.0 million from operating activities, up from $682.0 million in the previous quarter. The company generated free cash flow of $713.0 million. Furthermore, for fiscal 2015, Seagate forecasts revenues to be in the range of $500.0–$600.0 million, taking into account the acquisition of Xyratex. However, it expects earnings to remain unaffected by the acquisition.