Micron has performed well last quarter | Refuting NAND price ceiling

Several analysts recently published NAND Flash price ceiling comments, triggering market concerns, the United States memory chip maker Micron ahead of the market on Tuesday to better the previous quarter's performance, and brisk quarter finals, face analysts should be able to Let nervous investors enjoy peace of mind at the year-end holiday.

Micron announced on Tuesday the first quarter of fiscal year (to the end of November) after the U.S. stock market after-hours, with revenue of 6.8 billion U.S. dollars in the quarter, up 71% over the same period of last year and a revised adjusted earnings per share of 2.45 U.S. dollars. 32 cents in the same period last year, both exceeded market expectations.

Outlook this quarter, Micron estimates earnings per share will range from 2.51 to 2.65 US dollars, revenue of about 6.8 billion to 7.2 billion US dollars, exceeding analysts' estimates of 2.04 US dollars per share and revenue of 62.4 billion US dollars.