1 posts and columns on N. Quinn Bolton

Chips: Needham Cuts Estimates; Sees Q1 Revs Off 15-20 Percent

in News on January 23, 2009 at 10:49 am PT

Now that we’re experiencing Q4 earnings reports in all their glory, the time has come to shift focus to Q1. That’s what Needham chip analyst N. Quinn Bolton did this morning. And the picture is not pretty. He estimates that Q1 revenue will be down 15-20 percent compared to his previous estimate of 10 percent.