Compares 2010 to 2011 and how the growth moderated, then talks about 2013 to this year. Used flat to moderate and than corrected himself. Moderate a lot more moderate this year than last. The big increase in content will not happen again this year. I think from a comment that he made that everyone thought that they would guide higher this quarter makes me wonder if he wasn't surprised.
Of importance. Working new products with existing customers that will add to and increase content.
Surprised at how few showed up to the call. There were a lot of other calls today as well. May be they were there knowing that CRUS will be turning next quarter.
TAV, they are looking to buy something and they do have somethings in mind. Until that is settled they will not spend it on stock or otherwise. I am guessing that they will use 40-50 million back. Boy was I wrong again last quarter.
I caught that too Grade and even wrote it down...oh boy...."moderate growth" "alot more moderate growth" .....I dont know what to think but hate to say the bottom may not be in yet........the market is very high here toppy......I have no crystal ball......but definately a buying opportunity for not this quarter but next 2 there afterah!!! hope you take a vacation!!!
I think with everything that has recently happened such as the lawsuit and transition to next generation, it would be prudent for Jason to be very conservative with his guidance and comments. The cash balance seemed to grow quite significantly this prior Q. Overall very solid and with possible surprise upside.