Monday, July 23, 2007

TI quarterly profit, revenue fall

(Reuters) - The world's biggest maker of chips for mobile phones said
profit from continuing operations fell to $614 million, or 42
cents per share, from $739 million, or 47 cents per share, a
year earlier. Revenue fell to $3.42 billion from $3.7 billion.




On June 11, TI forecast second-quarter earnings per share
of 40 cents to 44 cents on revenue of $3.36 billion to $3.51
billion.


Read more at Reuters.com Market News

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