Question-and-Answer Session
Operator
(Operator instructions) Your first question comes from Glen Yeung - Citi.
Glen Yeung – Citi
Thanks. Can I start just by asking about some of the near term forecasts that you gave. Very strong in gaming, very strong in PC clocks; and maybe a little more detail, a little more color on both those two end markets and what exactly you’re seeing there?
Ted Tewksbury
So Glen, on gaming, our Sony business we were slightly deflated in the last quarter because of burning of inventory. We do expect to recover from that very nicely in this quarter. It’s also was a strong quarter for our seasonally with regard to gaming. So we expect all our platforms to be up.
With respect to PC clocks, same basic commentary; this is a very strong quarter for us seasonally. We did burn off channel inventory last quarter and based on the seasonality that we see and the demand that we see from our end customer, we expect PC clocks to be up well in excess of 30%.
Glen Yeung – Citi
So Ted, when you look into the fourth calendar quarter, what are obviously very strong numbers in Q3. Did you sense then that needs to once again correct downwards or do you think we’re sort of moving up and then obviously less hyper but more stable growth trajectory.
Ted Tewksbury
As you know Glen, we don’t guide more than a quarter out and visibility is still relatively limited due to the macro economic environment. So I’m a little reluctant to speculate on what December is going to look like, but based on all the cockpit controls that we’ve got here, things are looking pretty strong.
Rick already talked about factor that our book-to-bill is greater than one. We entered the September quarter with $20 million more on our backlogs than we did with the prior quarter. Turns to go to hit the mid point of our guidance was within the historical range and bookings are strong. So right now things are looking good, but I’m a little hesitant to speculate on what December is going to look like.
Glen Yeung – Citi
Fair enough, and just one last one which is, Ted I talked to you in the past about the strategy that you have one element of which is accelerating new product introductions. You made a good point of that over the course of your prepared remarks, but I wonder if you could address the cost of doing that.
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