Intel Corp. on Thursday said that its revenue in the first quarter of its fiscal year will be lower than anticipated. The company reduced revenue outlook by about $1 billion. The world’s largest chipmaker blamed slower than expected replacements of Windows XP-based PCs by businesses as well as challenging macroeconomic …
Read More »Intel’s building channel inventory could impact future sales – analyst
Intel Corp. has been reporting strong financial results this year since it gained market share from Advanced Micro Devices, enjoyed increased sales of corporate PCs and introduced rather competitive products for various market segments. However, the success of Intel’s products could also has its disadvantage: since the company is boosting …
Read More »Intel: replacement of Windows XP-based PCs will help us in 2014
Chief executive officer of Intel Corp. said that replacement of Windows XP-based personal computers by businesses and enterprises will help the company to sell more microprocessors this fiscal year. While the company does not want to make predictions regarding next year, it does not exclude the possibility that the replacements …
Read More »Intel reports strong results as sales of PCs improve
Intel Corp. on Tuesday disclosed its financial results for the second quarter of the year. The company reported revenue of $13.8 billion, net income of $2.8 billion and gross margin of 64.5 per cent. As expected, Intel’s results improved because of better sales of personal computers and continued strong sales …
Read More »Intel raises revenue expectations as demand for business PCs increases
Intel Corp. on Thursday announced that as a result of higher demand for business personal computers its sales for the second quarters will be significantly higher than expected. The world's largest chipmaker also increased its revenue and gross margin forecasts for the whole year. It is believed that businesses and …
Read More »Intel ‘best quarter ever’ – revenue of $10.8 billion
It has been a good year for Intel, they have posted their earnings for the 2nd quarter of 2010 and have reported a revenue of $10.8 billion and a net income of $2.9 billion. This is their best quarter ever recorded. Paul Otellini, Intel CEO and President said “Strong demand …
Read More »