SanDisk results top estimates as memory chip prices rebound

By Neha Alawadhi (Reuters) - SanDisk Corp more than tripled its quarterly profit, beating analysts' estimates, after a fire at a rival chip maker increased prices at a time when Apple Inc and other users of its flash memory chips were launching new products. The company, which also forecast current-quarter revenue largely above analysts' estimates, said it was shifting its focus toward higher-margin products such as solid-state drives. ...



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