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Mr. Chambers attributed the warning to sluggish demand in emerging markets, as well as the chilling effect of the recent government shutdown on business confidence.
For example, Lexmark International, which makes photo-capable printers, also issued an earnings warning, partly attributable to sluggish sales of inkjet printer cartridges.
And just as important, oil prices will fall sharply by next spring or sooner in response to sluggish demand and increasing supply.
The company has been on the brink of bankruptcy at various points due to sluggish demand for its iconic zip-up hoodies and deep V-neck tees.
In addition to concerns about sluggish demand for electronics, falling orders from telecommunications equipment makers are hurting sales.
Cree is the latest semiconductor maker to confess that sluggish demand is hurting its financial results in the fourth quarter.
"Policy should use all prudent measures to support sluggish demand," the report said.
A large portion of that demand will come from emerging markets, chiefly China, and has the capability to offset sluggish demand in developed economies.
Other makers of alcoholic beverages have been seeking to increase earnings abroad to make up for sluggish demand at home.
An AEP official told me that much of this was attributable to demand from data centers.
The problems could be just as attributable to a sluggish market at this point.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com