More on Texas Instruments' Q3: Wireless sales, hurt by declining Amazon and Nokia orders, -44%...

|About: Texas Instruments Inc. (TXN)|By:, SA News Editor

More on Texas Instruments' Q3: Wireless sales, hurt by declining Amazon and Nokia orders, -44% Y/Y - TI is planning to exit this space. Embedded Processing -4% (hurt by telecom), analog (boosted by National Semi deal) +18%. Other businesses (calculators, etc.) -11%. Analog and Other made up most of operating profit. Orders +6% Y/Y but -5% Q/Q. EPS boosted by $600M in stock buybacks and $60M earthquake insurance payment. CC at 5:30PM ET (webcast). TXN nearly unchanged in spite of guidance, could bode well for peers who still have to report. (PR)