ANALYST DAY FEBRUARY 16, 2012 - IIS Windows Server

256 Pages·2012·6.06 MB·English

by  Kathi Georges

ANALYST DAY
FEBRUARY 16, 2012
Agenda
SANJAY MEHROTRA DAN INBAR RITU SHRIVASTAVA
President and Senior Vice President and Vice President,
Chief Executive Officer General Manager, Technology Development
OEM

SUMIT SADANA KEVIN CONLEY JUDY BRUNER
Senior Vice President and Senior Vice President and Executive Vice President,
Chief Strategy Officer General Manager, Administration and
Client Storage Solutions Chief Financial Officer

SHUKI NIR GREG GOELZ Q&A SESSION
Senior Vice President and Vice President and
General Manager, General Manager,
Retail Business Enterprise Storage Solutions
SHORT BREAK LUNCH BREAK

ANALYST DAY || FEBRUARY 16, 2012 SLIDE 2
Forward-looking Statement
During our meeting today we will be making forward-looking statements.
Any statement that refers to expectations, projections or other characterizations of future events or
circumstances is a forward-looking statement, includingthose relating to revenue, pricing, market
share, market growth, product sales, industry trends, expenses, gross margin, future memory
technology, production capacity and technology transitions and future products.
Actual results may differ materially from those expressed in these forward-lookingstatements including
due to the factors detailed under the caption ―Risk Factors‖ and elsewhere in the documents we file
from time-to-time with the SEC, including our annual and quarterly reports.
Reconciliations between Non-GAAP and GAAP results presented are included in the appendix of the
financial presentation.
We undertake no obligation to update these forward-looking statements, which speak only as of the
date hereof.
ANALYST DAY || FEBRUARY 16, 2012 SLIDE 3
SANJAY MEHROTRA
President and Chief Executive Officer
ANALYST DAY || FEBRUARY 16, 2012
Our Mission
To Enrich People‘s Lives Through
Digital Storage Anytime, Anywhere
ANALYST DAY || FEBRUARY 16, 2012 SLIDE 5
SanDisk Uniquely

Positioned to Win
STRONG MARKET TRENDS
STRENGTHENING BUSINESS PORTFOLIO
VERTICAL INTEGRATION
FINANCIAL STRENGTH

ANALYST DAY || FEBRUARY 16, 2012 SLIDE 6
Outstanding 2011
with Solid Execution
 RECORD REVENUE, EPS, STRONG CASH FLOW
– $5.7 Bil, +17% y/y
– EPS of $4.65
– Free cash flow of $377 mil

ANALYST DAY || FEBRUARY 16, 2012 SLIDE 7
Diversified Business Model Has Produced
> $2B Revenue Growth in the Last 2 Years
$5.7B
$3.6B
2011 OEM GROWTH
2009 2011 2011 RETAIL GROWTH
$3.5 Bil, +25% y/y
$1.8 Bil, +8% y/y

SANDISK REVENUE

#1 market share worldwide*

Premium global brand

Global Footprint — More than 250k stores

Doubled unit growth in emerging markets
* Memory card + USB flash drive revenues, based on market research reports.
ANALYST DAY || FEBRUARY 16, 2012 SLIDE 8
Outstanding 2011
with Solid Execution
 RECORD REVENUE, EPS, STRONG CASH FLOW
– $5.7 Bil, +17% y/y
– EPS of $4.65
– Free cash flow of $377 mil
 EFFICIENT SCALING OF SUPPLY CHAIN
– Record 760 mil units sold
– Fab 5 production start
 TECHNOLOGY CONTINUING TO LEAD THE INDUSTRY
– 19nm initial production output (industry‘s smallest chips for 2012)
– Substantial progress on NAND scaling, 3D ReRAM, BiCS 3D NAND
 STRENGTHENING PORTFOLIO FOR THE FUTURE
– Pliant acquisition enables entry into enterprise SSD market
– Broadened product offering and increased customer engagement in client SSD market
ANALYST DAY || FEBRUARY 16, 2012 SLIDE 9
Secular Trends Support Smart
Lifestyle across Demographics
MOBILITY CONNECTIVITY CONTENT
ANALYST DAY || FEBRUARY 16, 2012 SLIDE 10
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