Erika Klauer
Erika Klauer
benefit cents compared earnings joint million per results sales share venture year
Micron's earnings per share did benefit by 5 cents from a one-time refinancing of a joint venture arrangement. Even excluding this one-time gain, results were outstanding. Sales were $1.79 billion, compared with sales of $864 million a year ago.
accelerate additional earnings industry intel likely overall pc revenue spur
It's important for Intel in the sense that it should accelerate their overall revenue and earnings growth. It's important for the semiconductor industry because its introduction is likely to spur additional PC demand.
beginning driven enjoying industry internet products shifting wireless
After a disappointing three-year downturn, we are at the beginning of a substantial semiconductor industry up-cycle, in our view. As the use of semiconductors is shifting from PC-centric products to Internet infrastructure and wireless communications such as cellular phones, the industry is enjoying a communications driven boom.