Question-and-Answer Session
Operator
(Operator Instructions) Your first question is coming from Michael Masdea – Credit Suisse.
Michael Masdea – Credit Suisse
Thanks a lot. Maybe for Bill. On Lexar, is there any more detail you can give us on how much you're expecting? Also, given what you said about visibility in the channel, when do you think that sort of overhang in terms of getting that product sold through will be cleared up and we can assume more normal revenue growth for what hits your P&L?
Bill Stover
Mike, it's somewhat coincidental, but the volume of product which they had in the channel at the June 21st date, essentially carries them through the August 31st, coincident with the end of our fiscal quarter and year. Beginning with the new fiscal year, it looks like that is when we're going to pick that up.
Is that answering your question there, Mike?
Michael Masdea – Credit Suisse
Are there any more details you can give us on any of the financials in terms of the impact of Lexar? Or is that it at this point?
Bill Stover
At this point we'll just be looking through the allocation of the purchase price. As I indicated in the opening comments, there's quite a significant amount that would end up in the goodwill after the allocation to the assets, brand, channel, intellectual property.
Michael Masdea – Credit Suisse
Fair enough. On the DRAM side, actually a little bit of a decline this quarter. Talk about that a little bit, especially in light of what you said about still seeing low double-digit growth for the PC market. Why did we see so little growth in the DRAM space?
Following on, it looks like your big growth this year is going to be pretty low for overall DRAM bits; can you give us an update on that number, if you could?
Kipp Bedard
I can start on the production side. We basically guided low single-digits last quarter because we're taking more wafers and moving them into the image sensor space.
How that relates to sales, relative to Mike's comments of a pretty decent quarter over quarter, we just didn't have additional bits to ship. We had very little inventory at the end of last quarter. Basically what we produced during the quarter is what we shipped.
Mike, would you like to add anything on the marketing side?
Mike Sadler
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