'iPod Flash chip partner' hikes Q4 sales forecast
Big demand from leading MP3 player makers, says SigmaTel
Posted in Financial News, 23rd November 2004 10:22 GMT
Free whitepaper – Avoiding 7 common mistakes of IT security compliance
SigmaTel, the company claimed to be supplying Apple with controller chips for the rumoured iPod Flash player, upped its Q4 sales forecast by $5-10m, allegedly on the back of said controller sales.
The chip maker said it now expects quarterly revenues to fall between $60m and $65m, up from its previous forecast of $55-60m. If its new estimate comes close, SigmaTel will be able to report sequential revenue growth of 25-35 per cent.
GAAP net income is expected to be between $13.6m and $15m, the company added.
SigmaTel naturally enough didn't say that Apple was a customer, but it noted that the increase was due to "stronger than expected sales" of its D-Major portable audio SoCs into "leading portable digital audio player manufacturers".
It's certainly tempting to read that as an indirect reference to Apple, but don't forget that SigmaTel also recently won a big, two-year order from Rio running through Q4 and beyond. SigmaTel also sells audio chips to Creative, which last week declared a sales war on Apple. ®
Related stories
Apple iPod Flash said to ship January
Alleged Apple Flash iPod 'partner' signs with Rio
Apple shares hit four-year high
Creative declares 'war' on Apple's iPod
France rules Apple's DRM denial not anti-competition
Apple kit rated five out of five by... er... Apple
Free whitepaper – Avoiding 7 common mistakes of IT security compliance

Analyst Keynote: The Register Agile Data Center Summit
Analyst Keynote: The Register Agile Data Center Summit
Enabling the Agile Data Center

Google Spanner — instamatic redundancy for 10 million servers?
Early adopters bloodied by Ubuntu's Karmic Koala
Fedora 12 polishes Linux for netbooks
Sign up, sign up for The Register IT security newsletter