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Analyst sees flat April for global chip sales

5/26/2011 09:13 AM EDT
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Cowan LRA Model
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re: Analyst sees flat April for global chip sales
Cowan LRA Model   5/28/2011 8:59:28 PM
The 3MMA April sales forecast estimate that the Cowan LRA forecasting model "spit out" last month corresponds to an April "actual" sales forecast estimate of $23.49 billion. The above Cowan predicted 3MMA sales expectation also assumes that there will be no (or very minor) revisions to either February or March's actual sales numbers as reported last month by the WSTS. Plugging in the actual April sales estimate into the model yields a year 2011 overall semiconductor global sales forecast of $322.53 billion which corresponds to a yr-over-yr sales growth prediction of 8.1 percent. This result is therefore more bullish than Diesen's prediction of 5 percent. Stay "tuned" for next month's model run of forecast estimates following the WSTS's reporting of April's actual sales figure expected at the beginning of June.

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