RF Micro Devices, Inc. (NASDAQ: RFMD) is trying to dispute industry woes being seen at other mobile and communication chipset companies.  that may sound vital as its customers or its customers’ peers are starting to warn of revenue shortfalls ahead.   The mobile and communications chipset maker said it is reaffirming its preceding guidance nowadays at a Morgan Keegan conference for the September quarter after its guidance of July 29.

It is reaffirming Revenue in the September 2008 quarter in a range of
$250 to $260 million with non-GAAP net income at approximately $0.05
EPS.  First sign has revenues at roughly $256 million and $0.05 EPS.

Nokia (NYSE: NOK) warned that daylight, and Capital IQ lists Nokia as
a key customer along with others such as Motorola, Research-in-Motion,
Sirius-XM,

Sony Ericsson, and others. The problem is that Qualcomm already telegraphed a longer replacement
cycle starting to be seen earlier that week and we are seeing further
slowing in other areas in technology. 

It doesn’t look like traders are biting for
that nudge though, and that may be on concerns that while its Q3 is
fine that doesn’t give any confidence in Q4 or into 2009.  Shares are
down by 8% at $3.54 on nearly 12 million shares nowadays.  Its 52-week trading range is $2.52 to $7.46.

Jon C. Ogg
September 5, 2008