The Channel logo

News

By | Tony Smith 30th September 2005 10:22

Soaring sales lifts Micron into the black

DRAM demand rising

Micron returned to profitability during its most recently completed quarter, the US memory maker announced yesterday.

Sales rose 20 per cent over the previous quarter, Micron said, reaching $1.26bn during Q4 FY2005, which ended 1 September. Net income came to $43m (seven cents a share), well above the $128m (20 cents a share) loss the company posted for Q3.

Compared to the year-ago quarter, sales were up 5.9 per cent from $1.19bn, but income was down 54 per cent from $94m (14 cents a share). Then, as now, the fourth quarter showed a big jump in sales - up 43 per cent - on Q3's total.

This time round, Micron said growing demand for CMOS image sensors (up 40 per cent), DRAM (up 15 per cent) and NAND Flash. DDR and DDR 2 chips accounted for almost 55 per cent of the company's Q4 sales - other DRAM products contributed 30 per cent of the quarter's sales, with the rest going to NAND Flash and the image sensors.

The higher level of DRAM sales reflects the combination of a ten per cent increase in megabit sales and a three per cent increase in average selling prices, Micron noted.

For the full year, Micro made $188m (29 cents a share) on sales of $4.88bn, both up respectively 19.6 per cent and 10.9 per cent on FY2004's figures. ®

alert Send corrections

Opinion

Windows 10 on Surface 3

Tim Anderson

It's do-or-die for Microsoft's new operating system on 29 July
Wine Taps by N Wong, Flickr, CC 2.0 License

Simon Sharwood

Clouds sell compute by the glass. On-premises kitmakers want to sell wine-as-a-service

Greg Knieriemen

Privacy, security, information sovereignty, what we all want, right?
Microsoft's Joe Belfiore, speaking at Build 2015

Andrew Orlowski

Redmond devotees may as well have demanded manga desktop wallpaper

Features

Android icon desktop toys
Nice devices, now speak 'enterprise' to me
Standard Form 86 reads like a biography of each intelligence worker
Protestor barricade image via Shutterstock
Breaking through the hardware barricades to a new network state
Racecar