by Eric Savitz, Blogger and Columnist, Barron's, Tech Trader Daily
More bad news in the chip sector: German chipmaker Infineon’s shares dropped 40 percent today after providing an extremely grim outlook for the fiscal first quarter ending December and for all of fiscal 2009. But the truly horrific part of the story is the outlook. The company sees December quarter revenues down 30 percent sequentially due to revenue decreases in its automotive, wireless solutions and industrial and multimarket segments.
Complaints over dropped calls and choppy Web connections on Apple’s iPhone 3G have sparked a wave of debate in the blogosphere over the root cause of the problems.
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