Feeds

Intel tightens revenue forecast

Chips up, flash down

  • alert
  • submit to reddit

Internet Security Threat Report 2014

Intel has trimmed the range of its second quarter revenue outlook, according to a mid-quarter update released Thursday.

Intel now expects revenue to land somewhere between $6.6 billion and $6.8 billion for the period, which end June 28. Analysts had previously been told to look out for revenue between $6.4 and &7.0 billion, but Intel is allowed to change its mind.

Intel's bill-paying processor business doing well, coming in near the high-end of the usual patterns for the quarter. (Well, all except for one member of the family). Communications products have not faired as well and demand "remains soft." Flash memory is still in the dumps.

Overall, Intel's CFO Andy Bryant said it's business as usual at the company. As proof, he found time during an analyst call to plug Centrino.

Shares of Intel edged higher more than 2 percent during the day's trading to $21.84 and were climbing in the after hours market at the time of this report. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
Spies, avert eyes! Tim Berners-Lee demands a UK digital bill of rights
Lobbies tetchy MPs 'to end indiscriminate online surveillance'
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
How the FLAC do I tell MP3s from lossless audio?
Can you hear the difference? Can anyone?
4chan outraged by Emma Watson nudie photo leak SCAM
In the immortal words of Shaggy, it wasn't me us ... amirite?
prev story

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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.
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.