Question-and-Answer Session
Operator
(Operator instructions) First up we will take a question from Arnie Ursaner at CJS Securities.
Tom Osborne – CJS Securities
Hi, good morning. This is actually Tom Osborne [ph] for Arnie.
Don Johnson
Hello.
John Pinkerton
Good morning.
Don Johnson
You answered a number of my questions already but as you mentioned AT&T is up significantly this quarter and TomTom is down. Should we expect that split to continue in Q4 or going forward?
Don Johnson
Well let’s make a factual correction first. Both AT&T is up 29% and TomTom is up 508%.
Tom Osborne – CJS Securities
Right, I meant quarter-over-quarter. I am sorry.
Don Johnson
And on quarter-over-quarter, that is what – those are the number for quarter-over-quarter. Are you saying it is down sequentially?
Tom Osborne – CJS Securities
Yes, TomTom is down sequentially.
Don Johnson
If you are saying it is down sequentially I just think that is just as normal variation getting ready for the retail season. If you think look at our logistics guidance. We’re still anticipating a solid Q4 at this point.
Tom Osborne – CJS Securities
Okay, can you provide any details on what drove the AT&T revenues this quarter?
Don Johnson
Well their continued growth, we helped them with the iPhone launch and as you know we announced earlier in the year that we won some broadband cable business with them on the DSL side and that businesses is continuing to launch throughout the year. So it is a number of factors.
John Pinkerton
Let me add to that a little bit you. As you read the AT&T release and the growth that is experienced in the wireless side of their business, the iPhone is certainly driving excitement upon volumes for iPhone alone in terms of the subscription additions and the corresponding iPhone sales, but I also explain to you that that iPhone is bringing a lot more traction to sell more than just iPhones. So, we are very excited about the success that our wireless customer is having and we are certainly parlaying some of that success through the volumes that we handle on behalf of AT&T.
Tom Osborne – CJS Securities
All right, thank you Don that is helpful. Do you have any sense of a sort of broad time frame for when you expect to see contributions from the six-speeds in Drivetrain?
Don Johnson
Well, obviously as we went into this year the answer was hopefully we would start to see further contribution in 2008 and that hasn’t happened. We’re in the process of working with our customers on just how many vehicles they have in the market and what that means for ?09 and beyond and we’re not ready to give ’09 guidance at this point.
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