Micron Technology Inc., the largest US maker of memory chips, gave a weak forecast for the current period as consumers cut back on spending on computers and phones.
Sales will be about $7.2 billion in its fiscal fourth quarter, Micron said in a statement Thursday. That compares with an average analyst estimate of $9.14 billion, according to data compiled by Bloomberg. Excluding certain items, profit will be about $1.63 a share, the company said, well short of the $2.57 predicted by analysts.
Micron's Glum Outlook Suggests Tech Spending May Be on the Wane - Bloomberg
Read More
Bagikan Berita Ini
0 Response to "Micron's Glum Outlook Suggests Tech Spending May Be on the Wane - Bloomberg"
Post a Comment