SanDisk (SNDK -11.4%) had a bad day, mostly thanks to the soft guidance that followed its Q4...

|By:, SA News Editor

SanDisk (SNDK -11.4%) had a bad day, mostly thanks to the soft guidance that followed its Q4 report (I, II). With SanDisk partly blaming the guidance on "demand weakness from certain mobile OEM customers" (HTC is likely one of them), it's possible the company could be a victim of Apple's success. However, UBS is remaining bullish on account of SSD demand, a low valuation, and a favorable supply/demand balance.