NAND prices expected to moncler jacket sale continue dropping

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moncler sale outlet Washington has a moncler sale outlet strong hand. It remains the dominant rule setting power in a way that really has never existed in history. It is militarily in a league of its own. That would be a massive lowering of guidance.Here what The Idiot wrote back in spring:“Near term conditions are in fact exceptional, and the exceptional cloud spending that has driven such conditions seems likely to persist. So, our for longer thesis remains intact.“Moore reaffirmed his $65 price target on Micron shares, representing 34 percent upside to Tuesday close.The analyst said Micron customer diversification has improved with broader demand from the PC, smartphone and cloud data center markets compared cheap moncler jackets sale with previous cycles. He expects the company share price to do better later this year.What, exactly, has changed on this? He said nothing specific, only generalized fears about trade wars and C Y C L I C A L markets.The pressure on NAND prices was even foreseen in the same article:“We do see NAND prices under more pressure, and have had that view since November, but expect Micron to reduce costs roughly in line with price declines.“It not like the price slowdown/comedown off of record highs was unforeseen; I pretty sure everyone expected it.A few things to note about their NAND business:To the extent that Micron industry can be classified as a C O moncler outlet sale M M O D I T Y, it is far more fair to lump NAND in that category over DRAM.NAND prices expected to moncler jacket sale continue dropping over the rest of the year, moncler outlet maybe 20%This is mitigated by the continued improvements in Micron cost structure they planned to reduce debt by another $2B this quarter aloneMicron is relatively well differentiated in the NAND space (to the extent one can be) they have higher margin products, the first to market with the newest generation of products (and many manufacturers are not planning to produce these in the near future) and may actually be gaining market share overall.Lowered NAND prices are not entirely bad, though obviously not ideal the NAND price highs from this spring did show the market had price elasticity and that users were willing to switch to HDDs over SSDs if the differential moncler jackets outlet got too high; lowered NAND prices should bring back more NAND consumers.NAND is the clear minority of their profits/margin as compared to DRAM even a 50% decline in NAND prices (read: revenue) would not, I don think, cause a 30% drop in EPS.In the DRAM space, forming the vast majority of Micron profits, the industry is behaving rationally and holding production flat. moncler sale outlet

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