There are a number of ways to characterize slowing growth, but no matter how good the explanation, the result is often the same. The stock of radio frequency semiconductor supplier RF Micro
RF Micro's previous foray into the land of reduced outlook came courtesy of Motorola's
The company believes the reduced demand will lead it to report only $268 million in revenue for the quarter. But this number is boosted because of the recent acquisition of Sirenza Microdevices -- on a comparable basis, RF Micro sees sales of $254 million, which is slightly below last quarter's figure.
What's worse is the company anticipates a sequential decline in revenue next quarter as well. Because RF Micro also said that the sales decline was influenced by top-tier customers that utilize inventory hubs, it looks like device makers overbuilt in anticipation of a bigger selling season.
So while hit products such as Apple's
The service provider side of the telecommunications business may be showing signs of cracks as well. With AT&T
RF Micro is usually the first to be taken out during down wireless cycles. We'll have to see if all the various players suffer equally at the hands of weak consumer demand, or whether it's a convenient scapegoat for lost market share.
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Fool contributor Dave Mock can only be trusted with secrets for so long. He owns shares of Motorola. Dave is the author of The Qualcomm Equation. The Fool's disclosure policy speaks quietly but has never carried a big stick.