Texas Instruments (NASDAQ:TXN) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $1.07 by 19.63 percent. This is a 16.36 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $4.07 billion which beat the analyst consensus estimate of $3.91 billion by 4.04 percent. This is a 11.14 percent increase over sales of $3.66 billion the same period last year.