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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%Dec 3 4:00 PM EST

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To: Donald Wennerstrom who wrote (56994)7/23/2012 5:36:00 PM
From: FJB2 Recommendations  Read Replies (1) of 95520
 
Texas Instruments posts profit, lower revenue

Reuters – 40 minutes ago
NEW YORK (Reuters) - Texas Instruments Inc posted a quarterly profit and revenue fell from a year ago as its customers are "increasingly cautious in placing new orders" because of global economic uncertainties.

The maker of chips used in a wide range of products such as cellphones and industrial equipment reported earnings of $446 million, or 38 cents per share, compared with $672 million, or 56 cents per share, in the year-ago quarter. Revenue fell to $3.34 billion from $3.46 billion and compared with analysts' average expectation for $3.35 billion according to Thomson Reuters I/B/E/S.
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