Feeds

Prudential cuts both ‘Zillas’ 2001 earnings

Chip and Chimp go down

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Prudential Securities has cut its earnings predictions for both AMD and Intel for the current calendar quarter on the expectation of poorer than anticipated sales during the period.

Sales for three months to June will be ten per cent down on the first three months' figure, according to Pru, cited by AFXpress. Pru's last prognostication suggested the quarter's sales would be roughly static, quarter on quarter.

The shift from zero growth to negation growth will hit both chip companies' revenues. Chipzilla will see sales for the full year fall to $26.85 billion, down from Pru's previous prediction of $27.3 billion. Earnings will stay the same at around 61 cents a share. During 2002, says Pru, Intel will realise revenues of $30.25 billion and earnings of 95 cents a share.

Chimpzilla's 2001 profits will fall from an earlier prediction of $1.8 billion to $1.62 billion. For 2002, the figures is now $1.9 billion, down from $2.1 billion. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.