Barron's: Aptina's image sensor sales were down 54% for the quarter ended on March, 5, 2009, due to a sharp drop in units relating to weakening consumer demand. Gross margins of imaging products fell to 2%, from 29% in the previous quarter.
Seeking Alpha's Earnings Call transcript adds little information on that:
Ronald C. Foster, CFO:
Imaging revenues were down 53% from quarter-to-quarter, primarily due to weakness in the mobile phone market.
Imaging gross margins were down as we experienced a slow down in unit sales and production, driving up per unit costs. Imaging gross margins did, however, remain positive at 2.8%.