“We expect revenues to grow when we go from December to March now.”

In context

“Akash Palkhiwala (Chief Financial Officer): We're not providing detailed guidance for the December quarter, but some qualitative comments: First, Apple. As mentioned in my prepared remarks, we expect materially lower share in the new launches versus our previous estimate of 20%, and as a result we are forecasting approximately a 50% decline in Apple-related revenue from the September to the December quarter. This accelerates the exit of Apple revenue from our model. Second, Android. We expect Android to grow and significantly offset the reduction in Apple, and data center revenue also starts to ramp in the December quarter. So the December quarter revenue profile will be a combination of these factors, and we expect it to be slightly up sequentially. Over the full year, do not rely on prior seasonality where the first quarter was the high quarter for us; with Apple having a strong December quarter historically, that's not in our model anymore. We expect revenues to grow when we go from December to March now.”