4 ms·
That was my reaction too. I guess the stock valuation seems low too then. Hardware is expensive, especially high performance hardware. R&D is a minimum 3 years
by phamilton 12y ago
That was my reaction too. I guess the stock valuation seems low too then.
Hardware is expensive, especially high performance hardware. R&D is a minimum 3 years and 10 million dollars per product. 1.1B is roughly a 10x on a dozen products and that doesn't include all the other operating costs.
I'm oversimplifying things, but this was the thought process that concluded with 1.1B seeming low.
- taylorbuley 12y agoI'm with you, and possibly for reasons beyond just the financials. If you look at the packaging, marketing and other variables (such as the likely customer of $22k/3TB of Flash) one gets the feeling that this is a very "premium" product and as such the company itself would also sell at such a premium.