Texas Instruments (NASDAQ:TXN) reported quarterly earnings of $1.85 per share which beat the analyst consensus estimate of $1.78 . This is a 21.28 percent decrease over earnings of $2.35 per share from the same period last year. The company reported quarterly sales of $4.38 billion which missed the analyst consensus estimate of $4.38 billion. This is a 10.72 percent decrease over sales of $4.91 billion the same period last year.