Texas Instruments (NASDAQ:TXN) reported quarterly earnings of $1.68 per share which beat the analyst consensus estimate of $1.37 by 22.63 percent. This is a 31.25 percent increase over earnings of $1.28 per share from the same period last year. The company reported quarterly sales of $4.825 billion which beat the analyst consensus estimate of $4.525 billion by 6.64 percent. This is a 18.58 percent increase over sales of $4.069 billion the same period last year.