SanDisk Connect Wireless Stick Launched Starting at Rs. 2,790

SanDisk has launched the Connect Wireless Stick in India in its 16GB, 32GB, 64GB, and 128GB variants, priced at Rs. 2,790, Rs. 3,790, Rs. 5,490, and Rs. 9,490 respectively. The wireless storage sticks will be available via Flipkart from September 18, and from other channels at a later stage.
The SanDisk Connect Wireless Stick, which also acts like a regular USB flash drive, works with devices like laptops, smartphones, and PCs, and connects to them with its built-in Wi-Fi hotspot. Users can wirelessly transfer and access bulky files or stream videos to and from up to three mobile devices simultaneously.
The device can stream a single HD video at 2Mbps for up to 4.5 hours on a single charge. In addition, the SanDisk Connect Wireless Stick can be connected with PC and laptop devices, acting as a regular USB drive.
The storage stick works alongside the SanDisk Connect app, with which users can manage content between Android, iOS, Mac, PC, and Fire devices. Also, included are features like auto-backup of images, videos from camera roll.
"We live in an era where we are truly living a mobile lifestyle. We use our devices to capture life's moments, and work in a way that was never before possible - all of which has created the need for a new generation of mobile storage," Dinesh Bahal, Vice President, Product Marketing, SanDisk had said at the global launch in July, adding, "The SanDisk Connect Wireless Stick is designed to give people a simple, intuitive way to save and access all of the great content they create and consume across multiple devices, without breaking the bank."

Read More

SanDisk Beats Profit Expectations on Spurt in Retail Sales

Data storage products maker SanDisk Corp reported a quarterly profit that was double what analysts had expected, helped by higher retail sales and new products.
The company's shares rose 13 percent to $61.20 in after-market trading on Wednesday.
"Expectations were very, very low heading into earnings," Wedbush Securities Betsy Van Hees said, adding that analysts had aggressively cut profit estimates for SanDisk before its quarterly report.
The company has been grappling with a delay in sales of certain embedded parts used in solid-state drives, which are faster and more reliable than traditional hard disk drives. Lower pricing and lean inventory levels have also weighed on recent results.
In April, SanDisk reported its first quarterly revenue decline in two years, forcing it to announce plans to cut 5 percent of its non-factory headcount to reduce costs. The company also warned that second-quarter revenue was likely to fall.
Total revenue fell 24 percent to $1.24 billion (roughly Rs. 7,896 crores) in the second quarter, hurt by lower sales of solid-state drives, but beat the average analyst estimate of $1.20 billion (roughly Rs. 7,641 crores), according to Thomson Reuters I/B/E/S.
However, retail sales as a percentage of total revenue rose to 39 percent in the quarter ended June 28, from 33 percent a year earlier.
SanDisk, which makes products for cloud computing and data centres, as well as smartphones and laptops, forecast current-quarter revenue of $1.35 billion-$1.45 billion (roughly Rs. 8,596 crores - roughly Rs. 9,233 crores).
Analysts were expecting revenue of $1.41 billion (roughly Rs. 8,978 crores).
SanDisk's net income plunged to $81 million (roughly Rs. 515 crores), or 38 cents per share, from $274 million (roughly Rs. 1,744 crores), or $1.14 per share, a year earlier.
Excluding items, the company earned 66 cents per share, double the average analyst estimate of 33 cents.
SanDisk's shares, which have fallen nearly 45 percent this year, closed at $54.18 on the Nasdaq.

Read More

The 200GB SanDisk microSD card is now up for grabs for $239.44

Remember that crazy 200GB microSD card that SanDisk unveiled at the beginning of March? Well, it’s now available to buy. And the good news is that it’s quite a lot cheaper than it was expected to be.

The bad news is that it’s still not cheap. Amazon will sell you one for $239.44, which sounds like a lot – but consider two things. First, you’re buying the world’s largest capacity microSD card. And second, the recommended retail price for it is a whopping $399.
So if you have a phone that still takes microSD cards and you need all the storage you can possibly have, this is surely for you. The card has a transfer speed of up to 90MB/s, and it comes with an SD adapter as you’d expect. It’s also waterproof, temperature proof, shock proof, X-ray proof, and magnet proof.
Amazon says you’ll be able to store up to 20 hours of Full HD video on this thing, and transfer up to 1,200 photos to it every minute.
Via

Read More