MARK: At the rack-mount level, okay, but not at the low end
We are especially pleased with our operating income, given that we expect to report revenues at the low end
of the guidance range as our customers and sales channels have been anticipating several significant new product announcements later this month.
With a street price below $900 and a native capacity of 33GB, the VXA 1 can be considered at the high end of the low end
(when compared to technologies like OnStream), or the low end
of the high end (when compared to such technologies as Mammoth, AIT, or LTO).
Although demand for our products was good in the fourth quarter of 2005, it is unfortunate that our revenue and earnings will be at, or somewhat below, the low end
of our previously published guidance.
The worldwide low end
removable magnetic storage market comprises high capacity floppy-like storage devices that use flexible magnetic storage media in the cartridges.
The sale is at the low end
of Fitch's previous assumptions of between $450 million to $800 million in proceeds for the MotorCity interest.
Electronics retailer Best Buy (NYSE: BBY) has stumbled almost three percent lower after warning that its fourth-quarter earnings will fall at the low end
of its previously released guidance due to a more promotional environment and an increase in inventory markdown.
The company also indicated that research and development (R&D) expenses are expected to be at the low end
of the October guidance range, while selling, general and administrative (SG&A) expenses are expected to be within that range.
Fairchild Semiconductor (NYSE:FCS) announced today that it now sees profit margins coming in at the low end
of its previous fourth-quarter forecast of earnings between 26 to 28 percent.
There was an increase from $25 million to $269 million in the worldwide low end
blade market for the years 2002-2008.
According to the Yankee Group report, Counter to Intuition, the Low End
of the Wireless Segment Has Lofty Potential, operators see an enormous pent-up demand in the low-end segment.
Selling, general and administrative (SG&A) expenses are expected to be in the middle of the April guidance range, while research and development (R&D) expenses are expected to be at the low end
of that range.