Flextronics International Ltd's quarterly revenue fell short of expectations on lower personal computer and mobile phone sales, and the electronics manufacturer forecast current-quarter below expectations.
Shares of the company fell 4 percent in after-market trade to $6.51.
For the first fiscal quarter, the Singapore-based company expects a profit of 20 cents to 24 cents in adjusted earnings on $5.9 billion to $6.3 billion in revenue for the current quarter.
Analysts were expecting a profit of 25 cents a share on revenue of $6.72 billion, according to Thomson Reuters I/B/E/S.
Setting up a wireless Wi-Fi router is about as much fun as chewing tin foil. But, like it or not, these devices are essential to a home entertainment system and customers need to understand how they work—and how they don’t work—in certain scenarios.
Not just for computers any longer, wireless routers connect everything from the family iPad to game consoles and smart TVs to the Web. Consumers expect to access online services like Netflix, Hulu and Pandora from every room in the house. Routers are responsible for handling the traffic. But if they aren’t set up properly, video streams will stall and neighbors may take a free ride on a customer’s network. Or worse.
Customers need to understand what they are buying and sales associates need to set expectations by educating buyers.