This paper intends to investigate the effects of speed fluctuation caused by the cogging torque in permanent magnetic motors on the stability of the transverse vibration for a spinning disk. Based on the Kirchhoff`s plate theory and the assumed mode methods, a set of discretized equations of motion were derived for an annular disk rotating with a harmonically varying speed. Then, a perturbation method using the multiple time scales was employed and stability boundaries were determined explicitly in terms of the magnitude and frequency of speed fluctuation, a nominal sped and the modal characteristics of the disk. It is found that parametric resonance occurs at several speed ranges and a single mode or a combination of two modes are involved to cause instability. It is also observed that unstable regions become broadened as the spinning speed increases or two modes are combined in parametric instability. As numerical simulations, stability analysis of a conventional CD-ROM drive was performed. Results of this work can e used as guidelines for motor design and operations with low vibration.