Question-and-Answer Session
Operator
(Operator instructions) And your first question comes from the line of Steve Smigie of Raymond James. You may proceed.
Steve Smigie – Raymond James
Great, thank you. I was hoping you could comment a little bit in terms of the demand (inaudible) across all categories, to what it would be in say computing versus access versus handset?
Gary Larsen
Well, in terms of a drop off, I mean I think the most significant is consistent with what other people have seen. I'd say it was in the PC market, followed a little bit in cell phone. The Japanese market is definitely down if you read some of the articles in terms of total units sold. Not as much as other areas, and particularly in the US. And then finally access control, I think for this quarter, it happens to be down, but that's kind of a pop business, it's not as steady run rate. So, sometimes you'll see big orders one quarter and nothing next quarter. So, the biggest softness is in our primary market. And again, I think that's consistent with what other people are saying and is reflected by the comments that we heard from the CEO of Compow, and that's in the PC market.
Steve Smigie – Raymond James
You mentioned you think you'll work through this inventory that you discussed before. Q1 is typically seasonally down given the big drop here and the fact that you worked through inventory. Would you still be thinking that Q1 would be down seasonally, or is it – how do you think about Q1 at this point?
Scott Moody
Steve, that is a very difficult question. Lot of smart people in the world trying to figure out the economy right now, but it is – we're showing a big dip in Q4, I have some hope on a number of reasons that Q1 would be a little bit better. But certainly from what we're seeing, where there was some level of inventory at an ODM or even on OEM, that of our inventory at their factories, that it appears they have gone through that and hopefully we'll return to a more normal buying level in Q1, although I'm not sure normal means in Q1. That only leaves the only risk element the same thing as any other company; how many laptops may be left on a store shelf or something like that. But right now, we would at least expect some of these customers to pick up from the level that they've been buying this quarter.
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