Atmel Estimates Performance Of Fourth Quarter, IPad Rival’S Sales Is Low
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Atmel Estimates Performance of Fourth Quarter, iPad Rival’s Sales Is Low

IT consultant
The U.S. EST time November 1st news, Atmel estimates that its fourth quarter earning and profit margin will surround compared to slide on Tuesday, mainly receives the global economic worn out, to face Apple iPad product competitor touchscreen sales low volume affects. Apple plate computer competitor is facing high stock question now.

 

As this news influence, Atmel stock price is traded most falls 8% after the NASDAQ plate on Tuesday. Atmel stock price is closing in 10.29 US dollars on Tuesday.

 

Regarding the fourth quarter of this year achievement, Atmel estimats its earning will surround compared to drops 12%-16%, between 402,700,000 US dollars - 421,900,000 US dollars, which is lower than analyst's expeciation 484,200,000 US dollars.

 

Atmel currently provides maXTouch chips for Apple iPad rival Samsung (microblogging), Dell (microblogging), they expected fourth quarter gross margin from the third quarter 50.1% to 47.5% -48.5%.

 

However considered maXTouch chip sales volume for intelligence machine manufacturer will be higher than expeciation, Atmel upward its maXTouch chip whole year earning before 350,000,000 US dollars to 375,000,000 US dollars.

 

In the third quarter of this year, Atmel earned $479.4 million, adjusted earnings per share is 26 cents. Analysts estimats average expeciation is that Atmel revenue is $483.8 million and earnings per share is 20 cents.

 

After reading this article , we can admit that Apple ipad truly have a stable status in society heart. Apple products not only make profit for it , but also bring us much convenience and bring many other software development, such as mac ipad converter , video capture for mac , ipad 2 video converter, mp4 converter for mac , iphone ringtone maker, etc. Its products deserve our love.

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