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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: slacker711 who wrote (57629)12/11/2006 4:35:13 PM
From: slacker711  Read Replies (1) | Respond to of 196452
 
TI takes their guidance down for the 4th quarter....

TI Updates Fourth-Quarter 2006 Business Outlook
Monday December 11, 4:30 pm ET
* Revenue Expected between $3.35 Billion and $3.50 Billion
* EPS Expected between $0.37 and $0.40
Conference Call on TI Web Site at 4 p.m. CST Today www.ti.com

DALLAS, Dec. 11 /PRNewswire-FirstCall/ -- In a scheduled update to its business outlook for the fourth quarter of 2006, Texas Instruments Incorporated (NYSE: TXN - News; TI) today revised its expected ranges for revenue and earnings per share (EPS).

The company's expectations for revenue are:
* Total revenue between $3.35 billion and $3.50 billion, compared with
the prior range of $3.46 billion to $3.75 billion;
* Semiconductor revenue between $3.28 billion and $3.42 billion,
compared with the prior range of $3.39 billion to $3.66 billion; and
* Educational & Productivity Solutions revenue between $70 million and
$80 million, compared with the prior range of $70 million to
$90 million.

TI expects EPS from continuing operations between $0.37 and $0.40, compared with the previous range of $0.40 to $0.46.

The company will hold a conference call at 4 p.m. CST today to discuss this update. This conference call will be available live at ti.com . TI's original fourth-quarter outlook was published in the company's third-quarter 2006 earnings release on October 23, available at ti.com . TI's fourth quarter ends on December 31.