SanDisk reported earnings of $1.30 per share on strong sales figures of $1.24 billion - in line with analyst estimates, last week. The stock was down however, and now trades at $36.99, considerable off its 52-week high of $50.55.
SanDisk designs flash memory modules for data storage. Its popular SD cards are used in a variety of smartphones, cameras, and computers. SanDisk also makes the flash memory used in fast-selling Apple products such as the iPad.
To read our full report, click here.
Showing posts with label SanDisk. Show all posts
Showing posts with label SanDisk. Show all posts
Saturday, October 23, 2010
Thursday, October 21, 2010
SanDisk Announces Memorable Results (NASDAQ: SNDK)
SanDisk reported a blowout quarter after the ball, surpassing even the highest of analyst expectations. Analysts had estimated that the company earn $1.05 per share with the high estimate being $1.24 per share. Sandisk reported $1.30 per share on strong sales figures of $1.24 billion - in line with analyst estimates.
SanDisk designs flash memory modules for data storage. Its popular SD cards are used in a variety of smartphones, cameras, and computers. SanDisk also makes the flash memory used in fast-selling Apple products such as the iPad.
To read Kibbens' full report, click here.
SanDisk designs flash memory modules for data storage. Its popular SD cards are used in a variety of smartphones, cameras, and computers. SanDisk also makes the flash memory used in fast-selling Apple products such as the iPad.
To read Kibbens' full report, click here.
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