And they won't be growing as fast this year. That's why you idiot longs aren't seeing a spike in the price. Who wants to pay this much for a stock that won't be growing half as fast as it used to. Revs are slowing because they're getting squeezed..........
My 2 cents.
From market watch:
Adjusted income was 69 cents per share. Analysts had expected the company to report earnings of 64 cents per share on revenue of $1.27 billion, according to Thomson Financial.
Revenue guidance is not that important considering the volatility of NAND prices. The most important thing is that they still keep making money, big money. Wait for the announcement of big share buyback to kick you little ass.