SanDisk results beat estimates on non-U.S. sales
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SanDisk Corp , the  world's largest maker of data-storage memory chips, reported  third-quarter results that beat estimates as it boosted sales  outside the United States and sold more chips to mobile-phone  makers.
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Factory revenues for external disk storage systems grew 3.5 percent year-over-year to $3.4 billion in the third quarter of 2004, according to data released by IDC this week.
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Semiconductor sales worldwide surged to a monthly record of $20.5 billion in August, fueled by higher demand for memory chips used in PCs and mobile gadgets such as cellphones and digital cameras, an industry group reported yesterday.
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SanDisk Corp. , the world's  top maker of flash memory storage cards, plans to more than  double its global retail presence as demand for its products  rises, its co-founder said on Wednesday.
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(InfoWorld) - Major storage vendors reported double-digit sales growth in the third quarter with the exception of Hewlett-Packard Co., which suffered a double-digit decline. HP sales of external controller-based disk storage slumped by 11.9 percent from the year ago quarter to US$475 million in the three months that ended Sept. 30, according to a report out Tuesday from research firm Gartner Inc. HP trailed market share leader EMC Corp., whose 17.4 percent revenue gain to $954 million earned it a 25.5 percent market share. IBM Corp. ranked second with a 14.8 percent share, as its revenue grew 17.9 percent to $553.1 million. While HP held onto third place, its market share slipped to 12.7 percent from 15.5 percent in the third quarter of 2005. Dell Inc. ranked fourth with a 10.8 percent share and Hitachi Data Systems Corp. fifth with a 7.3 percent share. The storage vendor with the strongest growth was sixth-ranked Network Appliance Inc., which saw sales jump 20.4 percent to $272 million for a 7.3 percent share. Sun Microsystems Inc. trailed the pack with a 5.3 percent share. In the third quarter, Sun completed its first year of StorageTek ownership, which it acquired for $4.1 billion. Overall, the global market for disk storage grew 7.4 percent from the year ago quarter to $3.74 billion. HP aside, Gartner says the major vendors strengthened their place in the market in the third quarter through some consolidation and enhanced marketing efforts. HP Chief Executive Officer Mark Hurd alluded to weak storage sales in a quarterly financial conference call with investment analysts Nov. 16. HP's storage sales grew only 1 percent in it's fiscal fourth quarter, which ended Oct. 31, the weakest of any of its product lines. "Our growth profile of our storage business is negatively impacted by our mix toward the declining tape market," Hurd told analysts. "We are not happy with our storage growth in the fourth quarter and we need to do a better job of driving top line momentum in the coming year."
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The top U.S. maker of computer hard-disc drives forecast  quarterly sales and earnings above Wall Street estimates amid  stronger demand for its products.
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Plus: Outstanding earnings for Apple...Xerox profits from color printers...Alltel profit, revenue rise...SanDisk earnings top estimates.
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NEW YORK  SanDisk Corp. , a maker of flash  memory used in cell phones and digital cameras, said on Sunday  it would buy Israel-based Msystems  for $1.55 billion  in stock.
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(Rochester, NY) 09/22/04 -- Bold statements came from the Eastman Kodak company today. Investors learned digital sales are soaring beyond the company&#39;s expectations.
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By John Stebbins  CHICAGO:- Shares of SanDisk, the world's largest maker of flash- memory cards, dropped sharply Wednesday after the company said price declines would accelerate.
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Strong overseas sales helped offset weakness in the North American market.
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Worldwide sales of external disk storage systems hit $3.5 billion in the second quarter, up 8 percent from the same period a year ago, according to research firm IDC.
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The disk storage market in Central and Eastern Europe (Croatia, Czech Republic, Hungary, Poland, Russia, and Slovakia) grew by 22.5% in revenue to $418.10 million in 2003 and is expected to expand a further ...
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International Business Machines Corp. topped fourth-quarter expectations by a healthy margin, with strong overseas sales and a weak dollar helping to generate a profit of &#36;3.04 billion.
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SanDisk at CTIA introduced the world&#39;s largest capacities of Memory Stick PRO, Memory Stick PRO Duo and SD cards with 4-gigabyte (GB), 1GB and 2GB capacities respectively.
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Japanese electronics group Toshiba Corp  (6502.T) posted a 38.4 percent rise in quarterly operating  profit on Monday, thanks to strong sales of its flash memory  chips, and it raised its full-year outlook closer to market  estimates.
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Japanese electronics group Toshiba Corp  posted a 38.4 percent rise in quarterly operating profit on Monday, thanks to strong sales of its flash memory chips, and it raised its full-year outlook closer to market estimates.