Last Thursday I ran across some interesting news that could have good implications for savvy investors. It seems that the Apple iPhone and iPod accounts for a significant amount of NAND flash storage production:
"Apple's new red-hot iPhone and the company's line of iPod media players are expected to use a much as 25 percent of the world's NAND flash memory production in the current quarter of this year, according to new data from research firm DRAMexchange."
This news bodes well for manufacturers of flash memory chips. Producers of NAND memory include Micron (MU), STMicroelectronics (STM), and SanDisk (SNDK). These stocks are all on my watch list. I'll let you know if/when I think they could be a good buy. For now, the risk is too high.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment