News
 

Bookmark and Share

(0) 

Intel today narrowed its second quarter financial forecast to $6.60 - $6.80 billion from the previous range between $6.40 and $7.0 billion. The company said that its microprocessors have been selling better than expected, while communication solutions have not been really strong sellers so far this quarter.

Intel blamed its own decision to increase flash memory pricing last December. The consequence of this decision is lowering sales of flash memory and weak performance of the whole Intel’s communications division. Intel’s microprocessor business performs on the high-end of seasonal expectations; in contrast to flash-business, Intel aggressively reduces the pricing of its affordable CPUs.

Analysts expect Intel to earn $0.13 per share on revenues of $6.6 billion, according to a survey by Thomson First Call. The second-quarter ends on the 30th of June.

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Thursday, November 6, 2014

6:48 am | LG’s Unique Ultra-Wide Curved 34” Display Finally Hits the Market. LG 34UC97 Available in the U.S. and the U.K.

Wednesday, October 8, 2014

8:52 pm | Lisa Su Appointed as New CEO of Advanced Micro Devices. Rory Read Steps Down, Lisa Su Becomes New CEO of AMD

Thursday, August 28, 2014

12:22 pm | AMD Has No Plans to Reconsider Recommended Prices of Radeon R9 Graphics Cards. AMD Will Not Lower Recommended Prices of Radeon R9 Graphics Solutions

Wednesday, August 27, 2014

9:09 pm | Samsung Begins to Produce 2.13GHz 64GB DDR4 Memory Modules. Samsung Uses TSV DRAMs for 64GB DDR4 RDIMMs

Tuesday, August 26, 2014

6:41 pm | AMD Quietly Reveals Third Iteration of GCN Architecture with Tonga GPU. AMD Unleashes Radeon R9 285 Graphics Cards, Tonga GPU, GCN 1.2 Architecture