Must say that as much as I like WIND; as confident as I am in the company, the management, the space, and the business plan; and while I believe execution is on track on almost all fronts, and revenue growth is growing, I am getting tired of waiting for I2O.
Total I2O revenues were $1.3M for the quarter. I believe that this includes the last minimum quarterly payment of $750,000 for Strong ARM chips. Of the $1.3M, $586,000 was from Intel/960, a 139% increase from the year earlier. No sequential increase was stated. Next quarter could show a sequential decline if the minimum payment is replaced by a likely smaller number. Is my recollection of I2O revenues accurate?
While the rest of the report appeared quite positive, these I2O numbers seemed lower than I'd expected, and possibly account for the earnings "shortfall," and therefore, the after market drop.
I recall someone posting past I2O revenues after last quarter. Perhaps these numbers can be reposted, and someone with a better memory and knowledge than mine can explain the short term I2O revenue outlook. |
