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Sramanamitra.com
Micron Beats Estimates; Memory Market Recovering?

On September 29, Micron Technology, Inc. (NYSE: MU), the leading memory chipmaker, reported its fourth quarter and fiscal year 2009 results. Although the company booked its fourteenth straight quarterly loss, there was one bright spot in that losses were less than last year and beat estimates. Micron’s shares have more than quadrupled since the beginning of the year. Are these signs that with the memory market is also recovering? Let’s take a closer look.

Read the full blog entry at http://www.sramanamitra.com.

Sramana Mitra
Sramana Mitra


Sramana Mitra is a Silicon Valley entrepreneur who founded three companies after graduating from MIT with a Masters in EECS. She is a strategy consultant, and, in addition to her blog, writes a column for Forbes.

Posted by Sramana Mitra on Oct 7, 2009 12:27 PM in Sramanamitra.com


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