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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (4676)7/8/2021 1:32:14 PM
From: SiliconAlley2 Recommendations

Recommended By
JCnieuwenj
Mesaverde

  Respond to of 4711
 
Anyways, when is WDC going to grow quarterly sales above 25% per year?

No one here cares about SIMO revenues.. Wake us when SIMO revenues reach $17 billion, and they achieve 25% growth on that.



To: Elroy who wrote (4676)7/30/2021 2:34:03 PM
From: Elroy  Read Replies (2) | Respond to of 4711
 
SIMO now forecasting 2021 revenues to grow 65% to 70% (after growing 18% in 2020). 2022 is expected to be very strong as well. SIMO has 50% market share in the newest technology PCIe Gen4 SSD controllers.

Sales are going through the roof.

When is WDC going to grow sales by 65% to 70%? Oh, I forgot. Their long term revenue growth forecast is 4% to 8% per year. Ok, I guess that's pretty good.....