Question-and-Answer Session
Operator
Thank you, sir. The question-and-answer session will begin at this time. (Operator Instructions). And we'll hear first from Ross Seymore with Deutsche Bank.
Ross Seymore - Deutsche Bank
Thanks. Good morning, guys. Just a question on the guidance is down on the revenue side. It doesn't seem that are compared to what we are hearing from other people. Can you give us a little bit of color on what sort of inventory adjustments both in the channel and internally is assumed in that revenue guidance? And maybe any color by the three sub-segments within revenue as to how they might behave within that general guidance?
Mark Thompson
Ross, let me try to comment on that. All of our inventory parameters are inside of our goal and so our intent is to keep them inside the goal. We'll be seeing of course depending on ship out, we expect to keep inventories approximately flat during Q1.
Ross Seymore - Deutsche Bank
Both internally and in the channel?
Mark Thompson
Correct.
Ross Seymore - Deutsche Bank
Okay. And then what about by the APG, FPG, Standard Products etcetera within that down three to six that you talked about, any big deltas, one segment doing better than the others, etcetera?
Mark Thompson
No. I would say that within the arrow bar of any prediction, they are all performing approximately the same in projecting Q1 from Q4.
Ross Seymore - Deutsche Bank
Okay. And then I guess the one follow-up question would be, you talked about assuming the first quarter, the trough and normal seasonality after that. Can you give us a little bit of an idea why you would assume the first quarter is the trough? Is there any sort of demand that you are seeing? I guess you mentioned that bookings or sell through in the channel start picking up early this quarter. Is that one of the reasons you think the first quarter is the trough?
Mark Thompson
Well, I said there's two things. From a historical pattern point of view, if you look over 5 year period, Q1 is typically below either Q4 or Q2. So, there's a historical pattern. The other thing of course is that we look at how the subsequent quarter is filling and by comparison, Q2 is filling approximately -- we are only three weeks in. So its early day but its filling approximately equal to Q4. So, if that trend continued, then that would result in a Q2 being roughly equal to our -- what our Q4 was. So those are reasons, the two basic reasons why at this point in time, we feel it's a reasonable assumption although of course we are still early in the quarter.
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