Microchip reported results for the three months ended December 31, 2008. Net sales for the third quarter of fiscal 2009 were $192.2 million, down 28.8% sequentially from net sales of $269.7 million in the immediately preceding quarter, and down 23.9% from net sales of $252.6 million in the prior year’s third quarter.

Net income for the  third quarter of fiscal 2009 was $ 73,169 net income in the prior year’s third quarter was 80.121 $.