News
 

Bookmark and Share

(0) 

Intel Corporation said its financial results for the first quarter of the year will be within expectations despite of analysts’ suggestions. The world’s largest chipmaker reaffirmed its strong sales and gross margins.

Revenue expectation for the first quarter was narrowed to between $8.0 billion and $8.2 billion, as compared to the previous range of $7.9 billion to $8.5 billion. The gross margin percentage is expected to be 60%, plus or minus a point, as compared to the previous expectation of 60% plus or minus a couple of points.

Demand for the company’s Intel Architecture products, such as microprocessors, is consistent with the lower end of normal seasonal patterns and significantly higher than in the same period last year, Intel said. Demand for Intel’s communications products is in line with the company’s expectations at the beginning of the quarter. All other expectations are unchanged.

Discussion

Comments currently: 0

Add your Comment




Related news

Latest News

Monday, August 4, 2014

4:04 pm | HGST Shows-Off World’s Fastest SSD Based on PCM Memory. Phase-Change Memory Power’s World’s Fastest Solid-State Drive

Monday, July 28, 2014

6:02 pm | Microsoft’s Mobile Strategy Seem to Fail: Sales of Lumia and Surface Remain Low. Microsoft Still Cannot Make Windows a Popular Mobile Platform

12:11 pm | Intel Core i7-5960X “Haswell-E” De-Lidded: Twelve Cores and Alloy-Based Thermal Interface. Intel Core i7-5960X Uses “Haswell-EP” Die, Promises Good Overclocking Potential

Tuesday, July 22, 2014

10:40 pm | ARM Preps Second-Generation “Artemis” and “Maya” 64-Bit ARMv8-A Offerings. ARM Readies 64-Bit Cores for Non-Traditional Applications

7:38 pm | AMD Vows to Introduce 20nm Products Next Year. AMD’s 20nm APUs, GPUs and Embedded Chips to Arrive in 2015

4:08 am | Microsoft to Unify All Windows Operating Systems for Client PCs. One Windows OS will Power PCs, Tablets and Smartphones