SanDisk reported its earnings in mid-April (Read SanDisk Shows Stable Pricing Amid Improving Outlook), beating market expectations mainly due to a sequential improvement in average selling prices for the second consecutive quarter. This could be a sign of stabilizing pricing in the NAND flash industry after painful times. Now expecting a much more modest decline in NAND prices than its earlier expectations, SanDisk raised its 2013 revenue target to a range of $5.6 – $5.75 billion from a previous range of $5.3 – $5.6 billion.
Comment on SanDisk Drives To $65 On Better Pricing And SSD Demand
Trefis Team, Contributor, Forbes
Tue, 04/30/2013 - 2:29pm
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