Monday, 23 July 2007

TI quarterly profit falls, rev outlook disappoints

(Reuters) - Revenue fell to $3.42 billion from $3.7 billion as weak demand for calculators outweighed improving sales of advanced phones that use TI's wireless chips.




The results were in line with Wall Street's lowered expectations after TI had adjusted the mid-point of its revenue outlook in June.


Read more at Reuters.com Business News

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