Monday, July 23, 2007

Texas Instruments quarterly profit, revenue fall

(Reuters) - Revenue fell to $3.42 billion from $3.7 billion, said the company, which makes everything from calculators to chips for televisions.




On June 11, TI forecast earnings per share of 40 cents to 44 cents on revenue of $3.36 billion to $3.51 billion. It had lowered the midpoint of its revenue forecast, citing weak calculator sales offsetting improving wireless sales.


Read more at Reuters.com Market News

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