We thought flash demand was booming, but flash supplier Sandisk's quarterly revenue has dropped to its lowest point in seven quarters after price drops and demand falls. It expects the next quarter to be even worse. Revenues in its first 2012 quarter were $1.21bn, down 7 per cent year-on-year and a thumping 24 per cent …
Hmmm. Could this be why I'm now getting nagging emails to renew my SanDisk RescuePRO subscription?
What price cuts?
Sandisk products have been pretty steady for the past 2 years while other brands have been dropping in price.
Flash demand is doing nothing but growing. What on Earth have they done to take a dive like that?!
Is it? Are you sure?
Presumeably you can cite a reputable source for those stats?
Re: [Citation Needed]
A quick search would have found you more than plenty of such sources.
In fact, the only company complaining of an oversupply issue is SanDisk from what I can see.
I was wondering why I was able to buy a 64GB micro SD card from Amazon for a little more than £45 a few days ago.
That's more than £100 off SanDisk's RRP.
I've always like the fact that SanDisk flash products (especially SD cards) don't screw up, whereas almost every time I have tried an alternate brand, the product has been faulty from the get-go.
"secular growth drivers for our business "
Don't you just love jargon? I had to google that to understand what the hell he was talking about. My own ignorance of course but what the devil is wrong with plain English where it can be used? As in "the long term growth drivers for our business"?
"A market as defined by its overarching, long-term trends. Generally, a secular market refers to trends over a period of five or more years. A secular market may be bullish or bearish, and, in market analysis, takes precedence over opposite, short-term trends that happen within the secular market."