Ambrish Srivastava: I just had one question, Grant. Thanks for providing that down 20% comment. I’m just struggling with how does it help us? And I ask with reference to what are we talking about? Are we talking days, months, what is normal level? And I know it’s harder in the more diversified areas. But in the handset side, you should be able to kind of quantify and tell us, all right, at the peak, it was x weeks, x months and here we are, and then we think if there’s some kind of normal pattern, this is what normal level looks like.
Bob Bruggeworth: Yes. I think that’s a great question, Ambrish. The issue always is when you look at your days of inventory in the channel, you have to understand what’s the sell-out. And so far, and I think I said this last quarter as well, when we work with our customers and we go through all the math, they reduce their production, we reduce ours. And unfortunately, their sell-out has been lower. So, you have to look at it. Now again, Dave’s mentioned a couple of times on the call, the first three weeks so far in January, at least we can speak to the data that we get, and I think all of you get, the actual sell-out is up, and that’s a good sign. But we’re not going to get into the game of naming numbers like this because it all depends on the future output of what they sell out. So, we’ve got a little ways to go. That’s why I think we’re being careful on our comments around June, but we feel very good about September. So, we roughly think it’s in that time frame.
Ambrish Srivastava: So handset inventory cleaned out by September and the rest, as you said, others will take longer. Your best guess at this point is by December that should clean out as well, right?
Bob Bruggeworth: Well, we’ve got different parts of the business. In the Wi-Fi area, it’s going to follow because we’re in a lot of the Android phones with our Wi-Fi products, it will follow more of what I said for the handsets. Then Wi-Fi that’s in some of the retail and some of the industrial applications, things like that, that may take a little bit longer. We don’t always get a good read there. It’s a smaller part of our market, not as much data is published. But I think on the infrastructure side, what Dave talked about, that is going to take a little bit longer. The area of our power management that goes into the SSDs, and that’s a call on the PC market. So, you guys follow that. We’ll see how that goes. So it’s going to be all different ones. But the major part of our business is the handsets, as you know. And I think we’re giving you as much color as we can as we project forward.
Operator: There are no further questions at this time. I would like to turn the floor back over to management for closing comments.
Bob Bruggeworth: We want to thank everyone for joining us on today’s call. We look forward to speaking with you at upcoming investor events this quarter. Thanks again. Hope you have a good night. Thank you.
Operator: This concludes today’s teleconference. You may disconnect your lines at this time. Thank you for your participation.
