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OCZ Vertex 3 Pro
Strong SSD revenues prompt OCZ to quickly abandon DRAM products

When it comes to performance upgrades for computing systems, enthusiasts have been moving in large numbers to solid state drives. Upgrading a system from an "archaic" hard disk drive (HDD) to a solid state drive (SSD) can make an immediate difference in boot speeds, application launch times, and overall system performance.

OCZ Technology, once primarily known for its DRAM/memory products, has in recent years expanded its product portfolio to include cooling products and power supplies. Another product category that has seen large gains for the company has been the SSD market.

OCZ Technology saw a 325 percent increase in revenues from its SSD business for fiscal Q3 2011 versus the previous year. Q3 2011 SSD revenues were also up 105 percent compared to Q2 2011. 

"SSD revenue accounted for 78% of our revenue and just by itself exceeds our historical quarterly revenue totals across all categories, thus reinforcing our decision to discontinue our remaining DRAM products," said OCZ Technology CEO Ryan Peterson. 

Thanks to the strong performance of its SSD portfolio, and the overall weakness in the global DRAM market, OCZ is accelerating its plans to exit the DRAM market.

"We still have some commitment on the memory side moving forward and will continue with certain SKUs for a period of time, but the amount of memory sales are going to be non-material to our overall business," said OCZ CMO Alex Mei in a phone interview with DailyTech. "Memory sales continues to shrink as an overall portion of our business to the point where it was not as significant."

OCZ showcased its SSD prowess last week with the announcement of the Vertex 3 Pro SSD family. The new drives feature a SandForce SF-2582 SATA III/6Gbps compliant controller that provides maximum read speeds of 550MB/sec and maximum write speeds of 525MB/sec.

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2010 not 2011
By bdot on 1/10/2011 6:20:50 PM , Rating: 3
OCZ Technology saw a 325 percent increase in revenues from its SSD business for fiscal Q3 2011 versus the previous year. Q3 2011 SSD revenues were also up 105 percent compared to Q2 2011.

Reporting from the future I see..

RE: 2010 not 2011
By Brandon Hill on 1/10/2011 6:27:54 PM , Rating: 3
"fiscal Q3"

RE: 2010 not 2011
By jarman on 1/11/2011 10:11:10 AM , Rating: 2
"fiscal Q3" 2011 = Apr-Jun 2011

RE: 2010 not 2011
By AnnihilatorX on 1/11/2011 6:36:58 PM , Rating: 2
Lol check your facts

For example, the United States government fiscal year for 2011 ("FY 2011" or "FY11") is as follows:
* 1st Quarter: October 1, 2010 - December 31, 2010
* 2nd Quarter: January 1, 2011 - March 31, 2011
* 3rd Quarter: April 1, 2011 - June 30, 2011
* 4th Quarter: July 1, 2011 - September 30, 2011

RE: 2010 not 2011
By chiadog on 1/12/2011 4:21:14 AM , Rating: 3
Fiscal years vary between businesses and countries.

You've missed an important part from your link.

"What would I do? I'd shut it down and give the money back to the shareholders." -- Michael Dell, after being asked what to do with Apple Computer in 1997
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