Intel Lowers Third-Quarter Revenue Outlook

Stefan Mileschin · 10th September 2012, 07:17

Intel Corporation today announced that third-quarter revenue is expected to be below the company's previous outlook as a result of weaker than expected demand in a challenging macroeconomic environment. The company now expects third-quarter revenue to be $13.2 billion, plus or minus $300 million, compared to the previous expectation of $13.8 billion to $14.8 billion.

Relative to the prior forecast, the company is seeing customers reducing inventory in the supply chain versus the normal growth in third-quarter inventory; softness in the enterprise PC market segment; and slowing emerging market demand. The data center business is meeting expectations.

http://www.techpowerup.com/171810/In...e-Outlook.html

10th September 2012, 07:17	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,500	Intel Lowers Third-Quarter Revenue Outlook Intel Corporation today announced that third-quarter revenue is expected to be below the company's previous outlook as a result of weaker than expected demand in a challenging macroeconomic environment. The company now expects third-quarter revenue to be $13.2 billion, plus or minus $300 million, compared to the previous expectation of $13.8 billion to $14.8 billion. Relative to the prior forecast, the company is seeing customers reducing inventory in the supply chain versus the normal growth in third-quarter inventory; softness in the enterprise PC market segment; and slowing emerging market demand. The data center business is meeting expectations. http://www.techpowerup.com/171810/In...e-Outlook.html

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Intel Reports Second-Quarter Revenue of $13.5 Billion	Stefan Mileschin	WebNews	0	18th July 2012 08:18
NVIDIA Shares Jump After Revenue, Outlook Beat Street	Stefan Mileschin	WebNews	0	14th May 2012 07:56
Intel Lowers Q4 Revenue Guidance, Blames Hard Drive Shortages	Stefan Mileschin	WebNews	0	13th December 2011 07:09
Intel lost CPU revenue share to AMD last quarter	jmke	WebNews	0	10th June 2009 12:42
Intel posts record Third-Quarter Revenue of $10.2 Billion	jmke	WebNews	0	15th October 2008 20:41
Intel Posts Record First Quarter Revenue of $9.7 Billion	jmke	WebNews	2	16th April 2008 16:55
AMD Updates First Quarter Outlook	jmke	WebNews	0	8th April 2008 15:21
Intel Updates Third-Quarter Revenue and Gross Margin Expectations	jmke	WebNews	0	11th September 2007 18:05
Intel Fourth-Quarter Revenue $10.2 Billion	Sidney	WebNews	1	18th January 2006 18:29
Intel Posts Record Second-Quarter Revenue of $9.2 Billion	Sidney	WebNews	1	19th July 2005 21:40