Since quarter end, market conditions for our primary products have continued to weaken resulting in significant declines in average selling prices and higher inventory levels,

Micron's products, customers and the solutions we enable have evolved to a point where changing parts of our organization will continue to increase our presence and competitiveness in the global marketplace.

The global economy is facing stiff challenges from which our industry is certainly not exempt. However, Micron is poised with one of the strongest balance sheets in the industry, an excellent complement of people resources, an industry leading process technology and a resolve to emerge from these troubled times as the strongest semiconductor memory manufacturer in the world.

The global economy is facing stiff challenges from which our industry is certainly not exempt, ... However, Micron is poised with one of the strongest balance sheets in the industry, an excellent complement of people resources, an industry leading process technology and a resolve to emerge from these troubled times as the strongest semiconductor memory manufacturer in the world.

How would you like 15 hours of battery life on a notebook rather than three or four? What if you didn't have to go through that stupid boot-up sequence? Anytime a solution for storage can be US$50 or US$60 or less, the mechanical guys are out and the solid-state guys are in.

Although we cannot determine if recent memory price increases will be sustained, current market conditions are encouraging.