Feeds

Intel tightens Q4 revenue forecast

Revenue could be up 5% on last quarter

  • alert
  • submit to reddit

Intelligent flash storage arrays

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%

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.