amitech disk travel::Sandisk is the first name in flash memory, which requires less power and space than other types of storage, and the ipad is gobbling up the technology amitech disk travel

amitech disk travel::Sandisk is the first name in flash memory, which requires less power and space than other types of storage, and the ipad is gobbling up the technology.
The ipad is just one of the hot products helping sandisk.
Its flash memory is also used in digital cameras, satellite navigation devices, and smartphones from leaders like research in motion.
Not surprisingly, the stock has been on a tear.
At a recent 44.
Yet, the stock is trading at reasonable 12 times estimated earnings for this year.
Sandisk is the global leader in flashmemory cards, those little small cards that became ubiquitous with the rise of digital cameras, as well as the flash devices that manufacturers embed in electronic equipment.
Cofounder and chief executive eli harari, an intel alumnus, is credited with having anticipated the marriage of digital cameras and cellphones the camera phone.
That helped sandisk forge close relationships with the handset makers that have been driving its recent growth spurt.
The mobiledevice market mostly smartphones and featureladen regular cellphones now accounts for about half its total revenue.
Just as the iphone kickstarted the highend smartphone segment, the ipad is likely to inspire a proliferation of mobile devices, many of them tablets that fall somewhere between smartphones and notebooks.
The company could face even greater opportunities in the market for laptop computers.
Flash memory is used in solidstate drives, or ssds, which are poised to replace the mechanical, rotating harddrives currently used in most notebook computers.
Ssd not only uses less power and space, but it allows computers to boot up faster.