Freescale announced financial results for the second quarter ended July 3, 2009. Net sales were $824 million, compared to $840 million in the first quarter of 2009 and $1.47 billion last year. The year-over-year sales decline was attributable primarily to the company’s decision in 2008 to exit its cellular handset business, as well as a decline in sales associated with the company’s automotive businesses. The reported net loss for the three months ending July 3, 2009 was $484 million, compared to an income of $1.7 billion in the first quarter of 2009 and a nett loss of $184 million in the second quarter of 2008.
Product Revenues for the second quarter of 2009
Microcontroller net sales were $238 million in the second quarter of 2009, compared to $246 million in the first quarter of 2009 and $460 million in the second quarter of 2008.
RF, Analog and Sensor net sales were $201 million in the second quarter of 2009, compared to $184 million in the first quarter of 2009 and $280 million in the second quarter of 2008.
Networking and Multimedia net sales were $216 million in the second quarter of 2009, compared to $228 million in the first quarter of 2009 and $312 million in the second quarter of 2008.
Cellular net sales were $138 million in the second quarter of 2009, compared to $95 million in the first quarter of 2009 and $337 million in the second quarter of 2008.
Other net sales were $31 million in the second quarter of 2009, compared to $87 million in the first quarter of 2009 and $83 million in the second quarter of 2008.
