Feeds

Intel tightens Q4 revenue forecast

Revenue could be up 5% on last quarter

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Intel last night narrowed its Q4 sales forecast to the top end of the range it had specified the last time it predicted what the current quarter's results would be.

Last time round, Intel CFO Andy Bryant put Q4's revenues somewhere between $6.2 billion and $6.8 billion. Last night he revised that band to $6.7 billion to $6.9 billion.

Holders of INTC stock shouldn't get too excited, however. Assuming the chip giant's sales come in right at the top of that range, it would mark a five per cent increase on Q3's figure - half the increase that AMD is expecting to achieve (though Intel's sales will still dwarf its rival's).

"Business appears to have returned to seasonal patterns," Bryant said last night after announcing the new guidance, cautiously indicating that PC sales are increasing in the run-up to Christmas.

Then again, as Bryant said a week or so back, "Figuring out the near term picture is pretty tough" and "we're no better than anyone else when it comes to doing [this] kind of forecast". So perhaps we shouldn't take the guidance too seriously... ®

Related Stories

Intel growing happier with sales forecast as quarter nears end
Intel Q3 sales down 25%, income down 96%

New hybrid storage solutions

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
Top 5 reasons to deploy VMware with Tegile
Data demand and the rise of virtualization is challenging IT teams to deliver storage performance, scalability and capacity that can keep up, while maximizing efficiency.
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.
Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.