26.03.2015 - SanDisk downgraded the company's revenue
SanDisk reduced forecasts for the current year and the current quarter. Manufacturer of flash memory, said about waiting for revenue at $ 1.3 billion for the quarter ending March 29, compared with the previously forecasted revenue 1,40-1,45 billion. Negative factor for the company recently have been the problems with supplies. According to the company, supply problems may continue in the coming periods, and revenues for the year will be 6.5-6.8 billion against the previous forecast of 7.23 billion.