One of Bloomberg's articles this morning claims 41% of MU's revenue comes from China. So what's the implied threat here? Sell out on the cheap to China or lose their business? (nevermind this buyout will never happen).
"Micron will have to tread carefully in negotiations. Tsinghua is state-backed and China is the world’s largest market for semiconductors. Micron got 41 percent of its revenue last year from the country."
Sad but truee, but the street shareholders are a minority. The insider and institutional shareholders rule any vote. So, we better hope MU isn't even considering anything south of $35...
"Micron (NASDAQ:MU) sells memory chips: DRAM chips and NAND chips. The latter type of chips will replace hard disks soon. As a matter of fact, the next computer I will buy will be one without a hard disk. Such computers are faster, more reliable and use less power. Such a replacement would already make sense for me. However, I usually wait as long as possible to replace my laptop, as it takes time to buy and install a new one. But apart from these non-financial switching costs, replacing your hard disk PC or laptop with one with solid-state memory makes sense already. Imagine everyone replacing his or her hard disk in the next couple of years!
Of course, I could just swap the hard disk in my old laptop with new solid-state memory. Many people have done that already. That would be the cheapest solution for me. But why would I invest my time to end up with the same old and slow processor? Because of these hidden switching costs, many people will replace their laptop or desktop instead of just the hard disk. These new computers will need new DRAM as well. As a result, the demand for Micron's other product, DRAM, will surge.
So Micron produces disruptive products that will replace all hard disks: NAND chips. "
The rhetoric you ran on during your 2014 campaign re MU's a lousy stock just turned out to be true for 2015. Much of this was not logical per Co and media news put out to the public. Most if this was due to surprises from Apple and Samsung, slow PC sales and slow delivery schedule for 2N and 3D NAND. All temporary things. Your thesis/campaign promise the PC is dead and MU in a dying industry will come to pass.
Agree but for Developed countries only. And much of the world is still developing. Serious computing and business computing will grow in those countries...
You're starting to cross the line arguing for the sake of arguing. Whatever I wrote, you know what I meant. Time to pack it in. Your getting close to Ignore again. Of course that doesn't mean I'll stop correcting you at will...
So you're an accountant type and Co executive. I hardly see how that qualifies you as an IT expert experienced doing serious computing. Just the title acct exec brings to mind the big shot that can't tie his own shoes without calling someone.
You compare INTC and MU with "Blackberry"!!!!!!!! Apples to oranges.
Once again, serious computing, functions, applications, etc are not going to be replaced by your "IOT".
Well, if you understand his point on BC then you are either contradicting your own argument or have a circular argument. Call it what you will but BC requires a 'robust' machine, decent size keyboard and screen.
I'm sure that this, "server business is starting to show cracks" is just the industry transforming into cloud based computing. Will take time. But servers are not going away and server stocks like MU will continue to be be competitive and leaders eventually.
You put the nail right on the head, "Nothing logical has worked out". That's been the MU story all year long. Being bright as an 'investor', or not bright, has had little to do with it...
Come on baby! Now $4.99 and rising! Telecoms as a sector are doing well. VG is riding this. Also, the VG ER is just two weeks off. Bound to be good! kg
Typo on my part. Your point all along: the PC is going away/replaced. My argument: not anytime soon, not as soon as you imply and serious computing isn't going away - the delivery changes over time.
My "noodle" is fine. You originally implied an opinion based on logic without factual evidence. Your opinion I actually tend to agree with, just not that it's fact.
Then you do have PC experience in a business sense but have you been a developer, a systems analyst, systems engineer or any type of IT person who uses computing for what only serious computing can do? And have you done it in large fortune 500 corporations where you see the magnitude of HW & SW driving this? I doubt it. It's one thing to run your own business, quite another to run a department that manages computing enterprise wide/world wide. This function and the machines that do it ain't going away. And INTC & MU will be right there as it morphs into the visions you imagine.
You are also a visionary but I think way to premature in how soon you see real computing being taken over by the new internet of things.
You also don't give INTC and MU credit for already being leaders and will eventually ramp up and out do most of the competitors even in the new spaces you envision. The street's perception is "stuck", has been "stuck" but this is temporary.
You strike me as a 'momentum investor' and thus actively trading the new sexy internet of things darlings SWKS, AMBA, NXTPI, etc over INTC and MU. That's fine. Enjoy your day in sun while it lasts. Please just quit raining on the MU Longs here.
They're getting killed now - lately, but this is cyclical. The worm will turn. No one's denying the computing world's changed, morphed into functions beyond what we dreamed 20 - 30 yrs ago. No one's denying the new sexy internet of things cloud computing better than sliced bread devices have taken over many of the functions of the traditional PC. The traditional PC market has been cut in half, no doubt about it. But that's only for the functions that the corp world and serious computing needs do not depend on. You can argue this piece by piece, function by function but you eventually you get down to the common core mission critical necessary machine and SW. INTC and MU do this better than anyone else and will continue. Plus they will catch up in the new space and dominate that as well eventually.