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Market Update : 
Autodesk Q3 Earnings Call Transcript
Author: 123jump.com Staff
123jump.com
Last Update: 12:35 AM ET December 07 2008


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Hi guys. A quick question with regard to the (inaudible) -- with the financial markets being (inaudible) --

Carl Bass

Richard, you sound exactly like -- like you’re in the airport and the speaker announcements for boarding the plane, which I think is only appropriate for you but I can’t understand a word you said.

Richard Davis - Needham & Company, LLC

Okay.

Carl Bass

Sorry.

Richard Davis - Needham & Company, LLC

I’ll circle back after we connect.

Carl Bass

Okay. The connection is awful. Operator, next question.

Operator

Your next question comes from the line of Mike Olson with Piper Jaffray.

Michael Olson - Piper Jaffray

All right, thanks. Okay, a couple of real quick ones -- would you say that you are seeing customers actually slowing down the number of purchases and upgrades, or are customers just downgrading their purchases by buying lower cost offerings, or is it a combination of the two?

Carl Bass

You know, we’ve seen the numbers go down. We certainly haven’t seen people choosing different products. You know, as a matter of fact, if you look, a number of the numbers around 3D products, the more sophisticated, complex products actually did really quite well and so I think what you are seeing is the people are choosing to buy new tools, are looking for the best tools to make them the most competitive. We are not really seeing a movement within our range towards lower-priced products.

Michael Olson - Piper Jaffray

Okay, and then second as far as EMEA held in there in Q3, but Americas obviously decline in Q3 and I think it’s pretty clear the economic situation in EMEA seems to be following a similar path to what we have been seeing here, so is there any reason not to expect in EMEA that we will see a year-over-year revenue decline in the coming quarters?

Carl Bass


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