back to article Chip flinger Micron reels in production, expenses as revenue growth comes to crashing halt

Chip maker Micron has slammed the brakes on production and expenses entering calendar 2019 in anticipation of falling demand. The admission came as the company reported revenues of $7.9bn for Q1 of fiscal '19 ended 29 November, up 16 per cent year-on-year but an abrupt slowdown from the 40 per cent expansion in the previous …

  1. Trollslayer

    Secular growth?

    No religious growth then.

    1. Anonymous Coward
      Anonymous Coward

      Re: Secular growth?

      From the secular sector, apparently.

  2. David Pearce

    So why is DRAM so expensive?

    1. wurdsmiff

      A cynic might say

      That constraining supply is a good way to ensure prices stay at a level that makes shareholders smile. There's only so many mysterious fires that can go overlooked in a single industry...

      1. David Pearce

        Re: A cynic might say

        Did anybody say cartel?

  3. Pascal Monett Silver badge

    So doing better than the year before, but a lot worse than the last 6 months

    Doesn't that mean that the last six months were exceptional ?

    How long is the attention span of Wall Street Traders ? Ten, or twenty goldfish ?

  4. Cursorkeys

    I find that hard to believe. Lead-times for Flash memory and SRAM are being pushed out to ridiculous levels and the disties are saying its because of 'market demand'.

  5. Anonymous Coward
    Anonymous Coward

    Gotta love the "We foresee a down quarter, hack and slash everything!" It really bothers me that business has the attention span of a Russian social media flavor of the day fake news site.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like