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Apple Announces Long-Term Flash Memory Agreements

Apple announced today that it has reached long term supply agreements with a number of memory supply companies including Hynix, Intel, Micro, Samsung Electronics and Toshiba.

Apple will prepay up to $1.25 billion for flash memory over the next three months. The agreements secure a supply of NAND flash memory through 2010.

"We want to be able to produce as many of our wildly popular iPods as the market demands," said Steve Jobs, Apples CEO.


Apple now uses Flash memory in two of the iPod models: the iPod shuffle and the iPod nano. Recent reports have hinted that Apple was seeking out more suppliers for the needed Flash memory components for their shuffle/nano iPod products. The traditional 5th Generation Video-capable iPod still uses a hard drive for storage.

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81 months ago
Thats good news!

Going with different flash suppliers to prevent any anti-trust issues from cropping up in the future.

Can't wait for the iPod invisio!


edit: I beat iGary!!!!11!
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81 months ago

Apple will prepay up to $1.25 billion for flash memory over the next three months.


PREPAY. :eek:
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81 months ago

PREPAY. :eek:

Hopefully not all of it at current market rates. ;)
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81 months ago
Wow 1.25 Billion. I hope the iPod boom last till 2010.
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81 months ago

Wow 1.25 Billion. I hope the iPod boom last till 2010.

By then we may see laptops using flash memory as part of their storage capability.

Sushi
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81 months ago
Cool - When can I place my order for a 100GB flash memory iPod?!?!

:eek: :D

But seriously...when?
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81 months ago
this should help the R&D part of those companies but why not invest in RAM? so that they dont sell it so frickin expensive!?
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81 months ago
I have to think that laptops / desktops are the bigger reason for this huge flash investment. Instant boot, solid-state built-in backup, yeah that would be sweet. Just imagine how useful this could be.

-alywa
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81 months ago
wow that's some serious cash advance.

why won't they give it to me? :o
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81 months ago
Nifty

When that mega-capacity Nano comes out, I'll be waiting in line :)
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