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Examples
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Ron Slaymaker , TI's vice president of investor relations, called it an understatement to say the bulk of the company's guidance cut was due to Nokia.
Texas Instruments Lowers Its Outlook, Blames Nokia Shara Tibken 2011
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Mr. Slaymaker said about 12% of total revenue came from baseband at the end of 2010, but second-quarter revenue from baseband should be about half that level.
Texas Instruments Lowers Its Outlook, Blames Nokia Shara Tibken 2011
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Mr. Slaymaker said TI's per-share earnings are being hurt more than revenue partly because of an unfavorable mix of products sold.
Texas Instruments Warns of Weaker Demand Shara Tibken 2011
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"We continue to expect a strong second half," Mr. Slaymaker said.
Texas Instruments Lowers Its Outlook, Blames Nokia Shara Tibken 2011
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Mr. Slaymaker noted that lower utilization, or the amount of the factory in use, is also hurting earnings.
Texas Instruments Warns of Weaker Demand Shara Tibken 2011
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Meanwhile, communications infrastructure was "exceptionally weak," Mr. Slaymaker said, and consumer products such as TV sets and videogames were also soft, as was computing.
Texas Instruments Warns of Weaker Demand Shara Tibken 2011
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Ron Slaymaker, vice president of investor relations, said during a conference call that the reduction in TI inventory by customers is largely past.
TI Profit Falls as Demand Slumps Shara Tibken 2011
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"If you look at inventory for products that we would characterize as specific to the industrial market, just in the last couple of quarters, inventory of those products at distributors has been cut in half," said TI Vice President Ron Slaymaker .
Grim News From DuPont Reflects Economic Worry Doug Cameron 2011
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"The weakness is really pretty broad-based," Ron Slaymaker, TI's vice president of investor relations, said during a call with analysts.
Texas Instruments Warns of Weaker Demand Shara Tibken 2011
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Total orders are expected to decline sequentially, Mr. Slaymaker said, in part because of the seasonal impact of calculators and lumpiness in wireless baseband chips.
Texas Instruments Warns of Weaker Demand Shara Tibken 2011
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