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Thursday, 10/29/2015 9:17:13 PM

Thursday, October 29, 2015 9:17:13 PM

Post# of 276
It looks like this could fall more:

"For the next period, NXP set the bar very low. Sales are expected to fall in each of the company's six reportable divisions, typically at double-digit percentage speeds. Overall, total revenues are seen falling something like 15% sequentially. To put that forecast into a seasonal perspective, NXP issued flat sequential sales guidance from the third quarter of 2014 to the fourth. In the final tally, sales actually rose 1.5%.

In other words, this forecast is distressing and investors acted accordingly."


http://www.fool.com/investing/general/2015/10/29/why-nxp-semiconductors-nv-and-freescale-semiconduc.aspx
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