Apple Joins the Flash Madness Club With Anobit Deal

Flash memory has some troubles that an Israeli company call Anobit appears to know how to solve. Apple is the world’s biggest consumer of flash memory, so naturally it appears to have consumed Anobit.
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And the Award for Most Appalling Earnings Performance in a Recession Goes to…

SanDisk CEO Eli Harari says the company is “very disappointed” with its fourth-quarter bottom-line results, which doesn’t even begin to describe the way the company’s investors must be feeling right now. They had expected the flash memory card maker to report a fourth-quarter net loss of 60 cents a share on revenue of $766.7 million. Instead, it reported an adjusted net loss of $1.65 a share.