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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Big Bucks who wrote (17374)1/23/2006 1:38:21 PM
From: Gottfried  Read Replies (3) | Respond to of 25522
 
BB, OT ** LOL! When will you change your handle to crocodile?



To: Big Bucks who wrote (17374)1/23/2006 5:49:30 PM
From: Return to Sender  Read Replies (1) | Respond to of 25522
 
Big Bucks - Evolved dinosaur - Crocodile - Big Bite!

Be patient there will be lots of fresh meat soon enough. <vbg>

Anyone know if TXN dissapointed in some way tonight? Oh here it is...

UPDATE 1-Texas Instruments profit rises but revenue disappoints
Mon Jan 23, 2006 05:37 PM ET

yahoo.reuters.com

NEW YORK, Jan 23 (Reuters) - Texas Instruments Inc. (TXN.N: Quote, Profile, Research) , the world's top supplier of chips for mobile phones, said on Monday its quarterly profit rose nearly 34 percent but revenue was at the low end of its target, and its shares fell slightly.

The company's fourth quarter profit rose to $655 million, or 40 cents a share from $490 million, or 28 cents a share in the year-ago quarter. Revenue rose to $3.59 billion from $3.15 billion.

TI had said in December that it expected fourth-quarter earnings of 38 cents to 40 cents a share on revenue of $3.56 billion to $3.71 billion.

Texas Instruments shares fell 2.2 percent to $31.00 on Inet from a close of $31.70 on the New York Stock Exchange.

TI said it expects first-quarter earnings from continuing operations of 29 cents to 33 cents per share.

Excluding 3 cents earnings per share for its sensors and controls business, which it is selling, and including 4 cents of stock option expenses, the guidance is roughly in-line with average analyst estimates of 38 cents a share.

TI expects first quarter revenue from continuing operations of $3.11 billion to $3.38 billion.

But Stifel Nicolaus analyst Cody Acree said that while he believed fourth quarter revenue was a little light he was pleased with the first quarter guidance.

"I think demand was good but TI was capacity constrained in the fourth quarter. The first quarter demand looks to be better than normal seasonal trends," Acree said.

The company also said its board had authorized an additional $5 billion in stock repurchases.

Texas Instruments' price to earnings ratio is 22.61 compared with an average of about 20 for the Dow Jones Semiconductor Index .