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TI, Altera cut Q1 sales targets

3/8/2012 11:02 PM EST
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Patk0317
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CEO
re: TI, Altera cut Q1 sales targets
Patk0317   3/9/2012 1:29:57 PM
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"Altera (San Jose, Calif.) said it now expects revenue for the quarter to be between $415.6 million and $425.8 million, a sequential decline of 7 to 9 percent. The company has earlier forecast that sales would decline by 7 to 9 percent sequentially." How is reiterating a forecast for 7 to 9 percent decline cutting the forecast? Seems like they just repeated what they had already said. In any case, anyone who is following this industry knows that this year is going to pale compared to last year. There are too many macro-economic events to worry about, much less getting the new iPad etc...

NVHuth
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re: TI, Altera cut Q1 sales targets
NVHuth   3/9/2012 3:22:07 PM
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Pat, because their earlier forecast was 5-9% not 7-9%, the article is wrong.

t.alex
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re: TI, Altera cut Q1 sales targets
t.alex   3/9/2012 3:27:23 PM
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I thought wireless would get hotter and hotter?

KB3001
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CEO
re: TI, Altera cut Q1 sales targets
KB3001   3/10/2012 9:24:24 AM
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Hi Patk0317, could you please elaborate on the macro-economic issues you are referring to? Is it to do with the US specifically, or the wider global economy? The mood lately here in Europe is of optimism (albeit cautious) for this year and next. That said, some are still predicting a collapse of the Euro at the end of 2012 with all what that would entail...

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