QUICK HEADLINES | MORE TEXAS | GET NEWS ALERTS
-----------------------------------------------------------------------------------------------
ABC13 SOCIAL NETWORKING
Find us on Facebook® | Follow us on Twitter | More social networking
-----------------------------------------------------------------------------------------------
MORE FROM ABC13
ABC13 widget | Most popular stories |
Street-level weather
ABC13 wireless |
Slideshow archive |
Help solve crimes
-----------------------------------------------------------------------------------------------
TI 3Q profit, sales decline
NEW YORK, NY Texas Instruments Inc. said Monday it earned $538 million, or 42 cents per share, during the quarter, down 4 percent from the same period a year earlier. Sales fell 15 percent to $2.88 billion.
The results surpassed the company's September forecast and topped analysts' expectations. TI said its largest division, which makes analog chips used in digital music players and other gadgets, saw 20 percent growth for the second quarter in a row.
