More losses for Micron Posted on 03/10/2008 at 12:50 by Marc
The price of memory is not favoring the manufacturer at the moment as Micron’s results show. Indeed for the financial year ending August 28, the manufacturer has announced a turnover of $5.841 bn and losses of $1,619 bn, as against a turnover of $5.688 bn last year and losses of $320 million. Bearing in mind that the price of memory dropped again recently, the worst may well still be to come for manufacturers…
The price of memory is not favoring the manufacturer at the moment as Micron’s results show. Indeed for the financial year ending August 28, the manufacturer has announced a turnover of $5.841 bn and losses of $1,619 bn, as against a turnover of $5.688 bn last year and losses of $320 million. Bearing in mind that the price of memory dropped again recently, the worst may well still be to come for manufacturers…