Hardware & PCs

SanDisk Not Flashy Enough

 

SanDisk shipped 11 million units of flash chips for cell phones in the fourth quarter, compared with 3 million units in the second quarter. The handset business accounted for 13% of total revenue in 2005.

Revenue from licensing and royalties was $67 million in the fourth quarter, up 63% year over year. The company expects its intellectual property portfolio to generate $78 to $84 million in the first quarter, and $350 million in 2006.

For the full year 2005, SanDisk posted $2.3 billion in sales, up 30% from 2004's $1.8 billion revenue. Fully diluted earnings per share for 2005 was $2, compared with $1.44 in 2004.

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