Вы находитесь на странице: 1из 3



0LFURQ7HFKQRORJ\6KRXOG<RX6WRS:DVWLQJ0RQH\",QYHVWRU*XLGHFRP

Micron Technology: Should You Stop Wasting Money?

9LQD\6LQJK

38%/,6+('21129

0LFURQ7HFKQRORJ\GHOLYHUHGZHDNUHVXOWVIRUWKHIRXUWKTXDUWHU7KHTXDUWHUVDZUHYHQXHRIELOOLRQZKLFKOLHVZLWKLQWKHHVWLPDWHGUDQJHRIELOOLRQ
ELOOLRQDQGVKRZVDGRZQIDOORIIURPELOOLRQIRUWKHIRXUWKTXDUWHURIDQGDGRZQIDOORIIURPELOOLRQIURPWKHWKLUGTXDUWHURI
GULYHQE\WKHKHDGZLQGFRPLQJIURPWKHQHDUWHUPPDUNHW
0RYLQJDKHDGWKHJURVVPDUJLQIHOOWRPLOOLRQIURPELOOLRQIRUWKHVDPHTXDUWHU7KHVHOOLQJJHQHUDODQGDGPLQLVWUDWLYHH[SHQVHVGURSSHGWR
PLOOLRQIURPPLOOLRQIRUWKHIRXUWKTXDUWHUDQGWKH5HVHDUFKDQG'HYHORSPHQWH[SHQVHVZHQWXSWRPLOOLRQIURPPLOOLRQIURPWKHIRXUWK
TXDUWHU
0LFURQVRSHUDWLQJLQFRPHVNLGGHGWRPLOOLRQIURPPLOOLRQIRUWKHIRXUWKTXDUWHUODVW\HDU
1HWLQFRPHRI0LFURQ7HFKQRORJ\GURSSHGWRPLOOLRQIURPELOOLRQIRUWKHIRXUWKTXDUWHU)XUWKHUPRUHWKH'LOXWHG(DUQLQJVSHUVKDUHVNLGGHG
WRIURPIRUWKHVDPHTXDUWHUSUHYLRXV\HDU
5HYHQXHRQ6HJPHQWDOEDVLV
&RPSXWHDQG1HWZRUNLQJ%XVLQHVV8QLW7KHUHYHQXHIURPWKLVVHJPHQWGURSSHGWRELOOLRQIURPWKHVDPHSHULRGODVW\HDU,WVRSHUDWLQJ
LQFRPHGURSSHGWRPLOOLRQIURPWKHVDPHSHULRG7KH'HFOLQLQJSHUIRUPDQFHRIWKLVVHJPHQWZDVGULYHQE\WKHIDOOLQWKHDYHUDJHSULFHV
RI'\QDPLFUDQGRPDFFHVVPHPRU\DVDUHVXOWRIVORZLQJGHPDQGRISHUVRQDOFRPSXWHUVHJPHQW
6WRUDJH%XVLQHVV8QLW7KHUHYHQXHIURPWKLVVHJPHQWIHOOWRPLOOLRQIURPPLOOLRQIRUWKHSUHYLRXVTXDUWHU7KHTXDUWHULQFXUUHG
RSHUDWLQJORVVRIPLOOLRQFRPSDUHGWRORVVRIPLOOLRQIRUWKHSUHYLRXVTXDUWHUWKLV\HDU7KHIDOOLQJUHYHQXHLVGULYHQE\WKHIDOOLQVDOHVYROXPH
DVDUHVXOWRIVKLIWLQFRPSDQ\VIODVKSURGXFWLRQWRPDUNHWVOLNHHPEHGGHGSURGXFWVDQGPRELOH7KHFRPSDQ\FRQWLQXHGWRLQYHVWIRUWKHGHYHORSPHQW
IODVKVWRUDJHIRUWKHQH[WJHQHUDWLRQ
GDWDWH[WKWPOFKDUVHW XWI&KFODVV'DUWLFOHKHDGLQJVW\OH'ER[VL]LQJ$ERUGHUER[%IRQWIDPLO\$2VZDOG&$ULDO&VDQVVHULILPSRUWDQW%IRQWZHLJKW$%OLQHKHLJKW$H





0LFURQ7HFKQRORJ\6KRXOG<RX6WRS:DVWLQJ0RQH\",QYHVWRU*XLGHFRP

0RELOH%XVLQHVV8QLW7KHUHYHQXHIRUWKLVVHJPHQWVFDOHGXSE\WRPLOOLRQIURPPLOOLRQIRUWKHIRXUWKTXDUWHUGULYHQE\WKHULVHLQ
VDOHVYROXPHRIPRELOHV1$1'IODVKJLJDELW7KLVVHJPHQWZDVDOVREHQHILWWHGE\WKHHYROYLQJDUFKLWHFWXUHVRIPRELOHV\VWHPV,WVRSHUDWLQJLQFRPH
URVHWRPLOOLRQIURPPLOOLRQIRUWKHIRXUWKTXDUWHU$GGLWLRQDOO\FRPSDQ\FRPELQHGSRUWIROLRRI'5$0DQG1$1'VWUHQJWKHQV
FRPSDQ\VFRPSHWLWLYHSRVLWLRQ
(PEHGGHG%XVLQHVV8QLW7KHUHYHQXHIRUWKLVVHJPHQWZHQWXSE\WRPLOOLRQIURPWKHVDPHSHULRGSUHYLRXV\HDUDQGLWVRSHUDWLQJLQFRPH
LQFUHDVHGE\WRPLOOLRQIURPWKHVDPHTXDUWHUODVW\HDU7KHRSHUDWLQJPDUJLQIRUWKHVHJPHQWURVHWRIURPIRUWKHIRXUWKTXDUWHU
7KHFRPSDQ\KDVDFRQWLQXHGVWURQJSRVLWLRQLQ,QGXVWULDOPXOWLPDUNHWEXVLQHVV
0LFURQVLPSUHVVLYHPRYHV
,QRUGHUWRVXVWDLQLWVFRPSHWLWLYHHGJHWKHFRPSDQ\LVWDONLQJYDULRXVPHDVXUHV7KHFRPSDQ\E\FRPELQLQJ'5$03HUIRUPDQFHZLWKWKH1$1')ODVK
5HOLDELOLW\KDVLQWURGXFHG3HUVLVWHQW0HPRU\6ROXWLRQIRUDGGUHVVLQJWKH%LJ'DWD&KDOOHQJHV
,QDGGLWLRQ0LFURQ7HFKQRORJ\KDVGHVLJQHG;750)ODVKPHPRU\ZKLFKZLOOKHOSWKHHOHFWURQLFVLQGXVWU\IRUGHYHORSLQJWKHV\VWHPVLQRUGHUWRPHHWWKH
GHPDQGRIIDVWV\VWHPUHVSRQVLYHQHVVDQGLQVWDQWRQSHUIRUPDQFHIRULQGXVWULDOFRQVXPHUDQGDXWRPRWLYHDSSOLFDWLRQ:LQERQGE\HQWHULQJLQWRDQ
DJUHHPHQWZLWKWKHFRPSDQ\ZLOOWRSURYLQJ;750)ODVKVROXWLRQVWRWKHFRPSDQ\
9DOXDWLRQ
0LFURQ7HFKQRORJ\KDVWUDLOLQJ3(UDWLRRIDQGIRUZDUG3(UDWLRRI$GGLWLRQDOO\0LFURQKDV3(*UDWLRRILQGLFDWLQJWKDWWKHFRPSDQ\ZLOO
KDYHWRSD\YHU\KLJKIRULWVIXWXUHJURZWKHDUQLQJV0RYLQJDKHDGFRPSDQ\KDV3ULFH6DOHVUDWLRRIDQG(QWHUSULVH9DOXH5HYHQXHRI0LFURQV
&XUUHQWUDWLRZHQWXSWRIURPIRUWKHVDPHSHULRGODVW\HDU,WV'HEW(TXLW\UDWLRZDVFRPSDUDEOHDWZLWKWKHVDPHSHULRGSUHYLRXV\HDU
&RQFOXVLRQ
0LFURQ7HFKQRORJ\SRVWHGORZUHVXOWVIRUWKHIRXUWKTXDUWHUDJDLQVWWKHIRXUWKTXDUWHULQGHHGLWVUHVXOWVZHUHLQOLQHZLWKWKHHVWLPDWHV7KH
TXDUWHUGHOLYHUHGIDOOLQJUHYHQXHJURVVPDUJLQRSHUDWLQJSURILWDQGQHWSURILWDJDLQVWWKHVDPHTXDUWHU)XUWKHUWKH'LOXWHG(DUQLQJVSHUVKDUHIHOOWR
GDWDWH[WKWPOFKDUVHW XWI&KFODVV'DUWLFOHKHDGLQJVW\OH'ER[VL]LQJ$ERUGHUER[%IRQWIDPLO\$2VZDOG&$ULDO&VDQVVHULILPSRUWDQW%IRQWZHLJKW$%OLQHKHLJKW$H





0LFURQ7HFKQRORJ\6KRXOG<RX6WRS:DVWLQJ0RQH\",QYHVWRU*XLGHFRP

IURPIRUWKHIRXUWKTXDUWHUSUHYLRXV\HDU7KHFRPSDQ\KDVDKLJKHUIRUZDUG3(UDWLRDQG3(*UDWLRPDNLQJLWDULVN\LQYHVWPHQW

GDWDWH[WKWPOFKDUVHW XWI&KFODVV'DUWLFOHKHDGLQJVW\OH'ER[VL]LQJ$ERUGHUER[%IRQWIDPLO\$2VZDOG&$ULDO&VDQVVHULILPSRUWDQW%IRQWZHLJKW$%OLQHKHLJKW$H



Вам также может понравиться