Question-and-Answer Session
Ladies and gentlemen at this time we’ll begin our question-and-answer session. (Operator Instructions) Our first question is from the line of Steven Fox – Bank of America/Merrill Lynch.
Steven Fox – Bank of America/Merrill Lynch
A couple questions, just going back over some of the new win commentary, you mentioned there’s wins that you can’t discuss, I wasn’t clear whether you were saying they were other wins in the quarter that will help revenues over the next couple quarters and if you can maybe generally talk about whether that was more handset related or other areas.
Francis F. Lee
Basically it is our general policy every quarter when we talk about it we’ll respect our customers’ wishes as well as our policy here in the NDA that we don’t talk about all the design wins that get covered in the quarter and I was just trying to be very explicit with audiences this does not cover the universe of other design wins that we have done or are shipping in the quarter.
This is not meant to sign anything that is peculiar to this particular quarter, Steve. By the way that is our policy moving forward as well.
Steven Fox – Bank of America/Merrill Lynch
When you look at the revenue outlook you provided is there any other color you can provide around served market expectations besides the fact that you’re cautious on the PC markets?
Francis F. Lee
As you know, Steve, the PC market continues to be a concern of a lot of people certainly the fact that Intel for example has moved the earnings twice that that is an indication that frankly I don’t know whether the bottom is flattened out or not. That has factored into our guidance in terms of how we do that much like we have found that last quarters. We are participating very healthily in the part of the notebook that is growing and in the netbooks.
Frankly that represents the leadership position that we have always said that we will maintain and will continue to maintain. One more note, Steve, about your comment about, you may have misunderstood, about what we said on not disclosing other design wins. That they are new designs that we can’t yet disclose this quarter, that is a factual statement. So what I told you is a policy as well and it did happen this quarter.
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