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Texas Instruments Cuts Guidance As Usual, Fifth Consecutive Cut
It must be a day ending in Y because Texas Instruments just cut its guidance again, or rather, as usual. The reason: "lower demand for Wireless products." Uhm, such as those that the company with the fruit logo makes?
From the release:
In a scheduled update to its business outlook for the first quarter of 2012, Texas Instruments Incorporated (TI) (NASDAQ: TXN - News) today narrowed and lowered its expected ranges for revenue and earnings per share (EPS). The reductions are due to lower demand for Wireless products.
The company currently expects its financial results to be within the following ranges:
Revenue: $2.99 – 3.11 billion compared with the prior range of $3.02 – 3.28 billion
EPS: $0.15 – 0.19 compared with the prior range of $0.16 – 0.24.
This is the 5th consecutive guidance cut by Texas Instruments. As a reminder from December 2011 "Fourth Time Is The Charm: Texas Instruments Slashes Outlook... Again":
Just in case anyone thought Texas Instruments was joking the first, second, or even third time previously, here is the company to cement that the feces have really hit the fan, as it has been warning for almost a year contrary to what bleary eyed optimists wanted to believe.
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Bullish!
Of course
Now they can come out and "beat" earnings.
Unless they don't beat earnings
in which case it's just another day (ending in Y) at the office of bad news
In the event that the algos are watching...
string Apple = "fruit logo";
fruit of the loom manufactures wireless g-strings?
With your mug, you should not be spouting such images. If Bawnee Fwank had posted that I MIGHT have throw up faster.
Also see food companies and their demand situation. Raising prices is killing demand for food. Its starving them of sales. General Mills .. JM Smucker..
Maybe time for a resurgence of the "generic" aisle in the supermarkets.
Private label items have been going up almost hand in hand with name brand.
As long as it has a stock symbol, the algos will levitate it. Everything equities will soon converge to a beta of between 0.999 and 1.001.
Let me grab my Texas Instruments calculator and see if this is good news. Oh right. I threw it away after college.
You mean your little professor calculator?
http://www.youtube.com/watch?v=TlOIXK1b5kw
Texas instruments makes more than calculators silly.
Gotta get slaves to make that shit!! Like the company with the fruit logo does!!
try to learn to differentiate before you make yourself look hysterical again
a). job application form
b). slavery
Ouch- that's not just a little re-adjustment, either...... Sweeeeeeeeeeeet...................
Like the market....the stock under performs..sorry company under performs stock is bot by algos all day long....
bot by algos
Beautiful. Beats murder by death.
http://www.youtube.com/watch?v=D3llU-smhnQ
Bullish. Rally on.
http://www.theglobeandmail.com/report-on-business/top-business-stories/us-puts-vatican-on-list-of-money-laundering-countries/article2363253/
U.S. puts Vatican on list of money-laundering countriesDon't know what to make of this one...
Wait i do they are after Italys gold lol
The Bamster is leaning on the Popester to relax his holiness' restrictions on birth control.
back right after they first came out, i found a tiScientific sitting on top of one of those newspaper boxes you can never get open
i still have it. it's like a magic wand to this luddite
hey! TI is slewie's brand!
GMCR getting blowtorched.
Nothing but poor management just like Kodak. Soon bankrupcy at least in the US just like kodak.
Tragic. But that seems to be the new business model run up debt declare bankrupcy rinse and repeat.
Yep it's sure a slick working model for New York bwankers at the mo
I used to work at a TI spinoff here in Dallas.
1) Corrupt management
2) Management was robbing from gov't contracts
3) Nepotism
4) Rampant cronyism
5) Professionalism was once uttered there (never practiced)
6) Intimidation of workers
Now why is TI broke?
Taking cues from the Motorola style disembowlment?
Maybe they can hire that dyke that is doing commercials for JPC. I'm sure that is going to lift sales for them.
Classy.
You wouldn't happen to be that moralistic and thrice-divorced Rush "I Want My Oxycontin" Limbaugh, would you?
trying to make the case for a massive sell off in AAPL by quoting a fledgling company's guidance? The intangibles that aren't measured on AAPL's balance sheet that keep consumers coming through their doors (and buying) cannot be overlooked. They know there are other products out there at a significantly cheaper price, but they keep buying and will keep buying.
Either you don't know the meaning of the word, or you don't know dick about TXN.
My guess is both! And I'm still trying to puzzle where he thinks TD "made the case" for a "massive selloff" in AAPL. Can only ascribe it to upside down Strayan logic.
Wow- what sort of crack do you Apple freaks smoke? "Fledgling" TXN? Get off the rock much. Aussie?
Yeah, you keep counting on those "intangibles".... You probably think that the cash on their balance sheet is your golden parachute...... Wait until Apple has to start paying market prices for their content because Jobs can't swing deals anymore..... POOF goes that cash....
But hey, sure- they'll "keep buying and buying", just like they did with Dell products 10 yrs ago....
Oh WAIT- YOU'RE the Dell dude, aren't you???? Or smoking the same stuff.......
Oz, the integrated circuit was invented at TI. Go climb back into your hole jackass!
And I though watching commercials in 1080p on the way to Walmart is the next big thing.
ifatigue is coming.
oops time for the algos to switch out of SHLD and into TXN for a few hours ?
I think that should have been
'lower demand for shit wireless products'
Yes, it makes sense now.
I didn't know there was still a market for 'Speak and spell'!
LOL !
Or Mattell Football.....
http://www.handheldmuseum.com/Mattel/FB2.htm
Lol, I guess there isn't. My bad.
"It must be a day ending in Y because Texas Instruments just cut its guidance again, or rather, as usual. The reason: "lower demand for Wireless products." Uhm, such as those that the company with the fruit logo makes?"
Just a note of correction....Apple designs their own ARM based processor....they do not use much if any TI products such as their OMAP CPU and chipset solution.
On the other hand...Amazon's Kindle Fire has nothing BUT TI products from the OMAP CPU, controller chips, wifi radio etc....
Maybe Kindles are not flying off the shelf anymore.
you sure about your "correction" ? I seem to see sources that broadcom makes apples wireless chipsets for the ipad and the A5 chip is made by samsung.
"you sure about your "correction" ? I seem to see sources that broadcom makes apples wireless chipsets for the ipad and the A5 chip is made by samsung."
Thanks for making my point. Broadcom is not TI. I said there is very little to nothing of TI in Apple. Also I said that Apple "designs" their A5 just as they "design" their Macs and iPads in America and fab them in China....only in this case the A5 is fabbed by Samsung.