Zeev's Turnips Patch-No Politics (ZEEV)

[rmak]

SanDisk beats Q1 consensus by $0.07, gross margin above Street expectations (SNDK) 27.88 +0.91:Reports Q1 (Mar) earnings of $0.39 per share, $0.07 better than the Reuters Estimates consensus of $0.32; revenues rose 16.6% year/year to $451 mln vs the $469.2 mln consensus. Product revs rose 18% and royalty revenue grew 7% vs. yr ago. SNDK reports gross margin 44.3% vs 38.6% Street expectation. Co says shipments from 90-nanometer chips rose to more than 80% of Q1's captive supply, as yields exeed expectations