Question-and-Answer Session
Operator
Thank you. (Operator Instructions). Our first question comes from Glen Yeung with Citi.
Glen Yeung - Citigroup
Thanks. Can you give us a bit more color on your bookings. When I heard what you said that October bookings are down, is that normal account and something that's going on there?
Richard Crowley
Well, I think it always moderates a bit. At this point, what you look at the seasonality in the December quarter Glen, I think with respect to the front-end loading and the heavy demand for bills in the September-October timeframe.
So I don't think we're really not surprised about it. And we had pretty good visibility going into -- of 90 days ago in the July time period. But I think, as I mentioned slowdown in our booking is kind of a one-to-one ratio at this point. So they are booked off a little bit.
Glen Yeung - Citigroup
And there is no sort of inflection, is that the way you can say like we poll in for doing have a launcher for golden for any abnormalities in your booking strength that would account for that or do you really attribute this just to normal seasonal pattern?
Richard Crowley
I think it's much more normal seasonal pattern. I think there was some effect originally in the summer set, with the gold we have been right at the beginning of our October there. So I think it affected maybe shipments more than bookings.
Glen Yeung - Citigroup
Okay. And then you need to point that you expect your PC related business to be up in the quarter, do you get the sense that there is any channel inventory, that I know it aggregate you expect inventories to be flat. I think more broadly to add, when do you think that channel inventories in aggregate may actually start to go back up again, or else at all.
Ted Tewksbury, Ph.D
We saw channel inventories actually went down in days quarter-over-quarter. And we don't see evidence with if they are going back up.
Glen Yeung - Citigroup
And so no indications from your channel partners that they want to rate them at this point?
Richard Crowley
No, not really. I think they are comfortable within the kind of the normal range and their targeted range. I think I already -- also whether to see what the sell through is in the PC space to see what production level now we continue to the back half of the quarter and into the March quarter.
- To read the full transcript on Seeking Alpha, click here »
