TI chips power Palm Pre, sales growth
Texas Instruments raised its outlook for the second quarter Monday, as analog chips and processors for high-end smartphones like the Palm Pre drive sales.
In a "scheduled update" to its business outlook for the second quarter of 2009, TI said Monday that it expects revenue of between $2.30 and $2.50 billion, compared with the prior estimate of between $1.95 and $2.40 billion. Earnings per share is now expected to be between $0.14 to $0.22, compared with the previous estimate of between $0.01 and $0.15.
Though analog chips are the biggest … Read more