Micron took in US$54.2bn in its fourth quarter, against US$11.3bn a year earlier
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The story behind it
Micron's quarterly revenue is nearly five times what it was a year ago Read the edition →Micron on the calendar
Next results: date to come. It goes on the calendar as soon as Micron announces it. Economic calendar →
The story behind it
Micron's quarterly revenue is nearly five times what it was a year ago Read the edition →Micron on the calendar
Next results: date to come. It goes on the calendar as soon as Micron announces it. Economic calendar →What the chart shows
Four quarters ago Micron brought in US$11.3bn in three months. In the quarter it reported on Wednesday, it brought in US$54.2bn.
The chart sets each quarter of the financial year just ended beside the same quarter of the year before. The first pair is US$13.6bn against US$8.7bn. By the third it was US$41.5bn against US$9.3bn.
Memory has mostly been a commodity business, where nobody keeps much of each sales dollar and the cycle turns when new supply arrives. Micron is building more plant of its own, which is why Thursday's edition treats the year after next as the one nobody can see yet.
The numbers
Micron's revenue in each quarter of its latest financial year against the same quarter a year earlier, in US$bn.
| This financial year | Year before | |
|---|---|---|
| Q1 | 13.6 | 8.7 |
| Q2 | 23.9 | 8.1 |
| Q3 | 41.5 | 9.3 |
| Q4 | 54.2 | 11.3 |
How we make these charts: one chart a day from a story in the edition, drawn from the figures the story names and checked against the sources named on the chart before it is published. General information only, not financial advice.
