InfoAnda - SanDisk sees pricing pressure hurting second-quarter |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Indian MPs block debate on more seats for women | 9 March 2010
Chinese investors scramble for a bite of Apple | | 24 April 2012
Deadline looms for Billy the Kid pardon | 30 December 2010

Shuttle launch delayed to July by hydrogen leak | 18 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : SanDisk sees pricing pressure hurting second-quarter |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Issues 2012 Candidates 2012 Tales from the Trail Political Punchlines Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Bernd Debusmann Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (0) Follow Reuters Facebook Twitter RSS YouTube Read Nugent says had "solid" meeting with Secret Service 19 Apr 2012 Radio contact lost with circling plane over Gulf of Mexico 19 Apr 2012 Judge allows University of Colorado crackdown on pot rally 19 Apr 2012 Colton Dixon voted off of ''American Idol'' 19 Apr 2012 Measles cases reached 15-year high in 2011: CDC 19 Apr 2012 Discussed 171 Trayvon Martin’s killer showed signs of injury: neighbors 139 Obama paid 20.5 pct tax rate in 2011: White House 91 Most Americans back gun lobby, right to use deadly force Watched Have a slice of insect pie! Wed, Apr 18 2012 Great white shark kills man in Cape Town waters Thu, Apr 19 2012 Thousands march in Auschwitz to commemorate Holocaust Day Thu, Apr 19 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Images from Hubble The Hubble Telescope marks its 22nd anniversary. Slideshow Most influential people A sampling of those who made the latest Time magazine list. Slideshow SanDisk sees pricing pressure hurting second-quarter Tweet Share this Email Print Related News Chipmaker AMD's results point to better PC market Thu, Apr 19 2012 UPDATE 2-SanDisk sees pricing pressure hurting 2nd qtr Thu, Apr 19 2012 Bank of America trading rebound aids recovery Thu, Apr 19 2012 Travelers smashes estimates, insurance rates rising Thu, Apr 19 2012 Verizon Wireless data revenue growth impresses Thu, Apr 19 2012 Analysis & Opinion Int’l Power does well to get better buyout from GDF Global cues likely to dominate market Related Topics Tech » Media » An employee of a computer shop poses with a SanDisk compact flash memory card inside a computer mall in Taipei September 17, 2008. Credit: Reuters/Nicky Loh Thu Apr 19, 2012 8:19pm EDT (Reuters) - SanDisk Corp said the glut in the memory chips market will continue to hurt prices for the rest of the year, sounding its second revenue warning in as many quarters. The company, which has struggled to rein in the downward spiral in prices for NAND flash chips -- used as primary memory in phones and tablets -- projected second-quarter revenue of $950 million to $1.05 billion, well below the Street's $1.30 billion expectations. "We expect the steeper price decline in the first half of 2012 to result in considerably lower price levels for the whole year, reflecting a weaker industry supply-demand balance than we had previously anticipated," the company said on a call with analysts. For the first-quarter, profit nearly halved, while gross margins declined to 36 percent. It expects gross margins to fall further to 26-30 percent in the current quarter. The company earned $114 million, or 46 cents per share, down from $224 million, or 92 cents per share, last year. Excluding items, it earned 63 cents per share, while analysts were looking for 70 cents per share, according to Thomson Reuters I/B/E/S. Revenue fell over 7 percent to $1.21 billion, in-line with lowered Street expectations. The company had pre-announced earnings early this month, warning of revenue and gross margin erosion during the quarter. SanDisk shares fell 9 percent to $36.90 in extended trading. They had closed at $40.47 on Thursday on the Nasdaq. (Reporting by Himank Sharma in Bangalore; Editing by Sriraj Kalluvila) Tech Media Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 20 April 2012
Syria, U.N. agree on terms of monitoring mission |
U.S. helicopter crashes in Afghanistan, four feared dead |
Lawmakers press UK government over China murder scandal |
Protests rage as Bahrain Grand Prix practice begins |
Exclusive: Murdered Briton in China left meager savings to family; friend |
Suu Kyi Myanmar parliament debut in doubt over oath stalemate |
Emerging powers said ready to give IMF billions |
Mexico leftist moves into second place in presidential poll |
Microsoft beats Street profit view, shares up |
Oracle probes Google engineer about key email |
Verizon eyes Microsoft push, Windows phones for holidays |
China Mobile expands 4G footprint with Hong Kong launch |
With new board, Olympus looks to draw a line under scandal |
SanDisk sees pricing pressure hurting second-quarter |
Chipmaker AMD's results point to better PC market |
Colton Dixon voted off of ''American Idol'' |
Dylan, Van Morrison headline Montreux jazz fest |
Levon Helm, longtime drummer in The Band, dead at 71 |
Good Morning America breaks Today show's streak |
Britain's Proms: music for everyone in Olympic UK |
Airliner carrying 131 crashes in Pakistan: air official |
Shocking nation, Norway killer describes island massacre |
Ugandan troops play jungle cat and mouse with Kony |
Iran cleric praises atom talks, signals shift: analysts |
China's Wen in Iceland, eyes on Arctic riches |
Road accident kills 30 in eastern Mexico: TV |
Egyptians demand army retreat from power |
South Sudan orders withdrawal from oil area, easing crisis |
Apple announces 500 new jobs in Ireland |
Nokia loses IPCom patent case in German court |
Grateful Dead plan new Epic Tour: in videogame |
Microsoft rises as better PC sales boost profit |
LightSquared gains breathing space with Inmarsat payment |
Sensient Technologies 1st-quarter beats market expectations |
Exclusive: Disney film studio chief Ross steps down |
Cowell team plays down tensions at ITV, revelations |
At 25, maverick Fox TV enjoys hits, faces challenges |
Grateful Dead plan new Epic Tour: in videogame |
Guitar Hero: Play in a Day's Bert Weedon dies at 91 |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01