Reuters: Technology News: Texas Instruments posts profit, lower revenue

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Texas Instruments posts profit, lower revenue Jul 23rd 2012, 20:44 NEW YORK | Mon Jul 23, 2012 4:44pm EDT NEW YORK (Reuters) - Texas Instruments Inc posted a quarterly profit and revenue fell from a year ago as its customers are "increasingly cautious in placing new orders" because of global economic uncertainties. The maker of chips used in a wide range of products such as cellphones and industrial equipment reported earnings of $446 million, or 38 cents per share, compared with $672 million, or 56 cents per share, in the year-ago quarter. Revenue fell to $3.34 billion from $3.46 billion and compared with analysts' average expectation for $3.35 billion according to Thomson Reuters I/B/E/S.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions