Feeds

Intel's Q1 'a little better' than expected

Modest 16 per cent growth

  • alert
  • submit to reddit

SANS - Survey on application security programs

Intel today tightened its first quarter revenue forecast to reflect stronger than usual sales.

The chipmaker, during its typical mid-quarter update, said revenue should come in between $9.2bn and $9.4bn. That's at the high end of a previous forecast that ranged between $8.8bn and $9.4bn. Solid microprocessor sales and meaty gross margins have helped Intel out so far during its first quarter.

"It's just a little bit better than we expected," Intel CFO Andy Bryant said about the period, during a conference call with financial analysts.

If Intel hits the latest revenue range, it would show 14 per cent to 16 per cent growth over the same quarter last year. It now expects a gross profit margin of 57 per cent, plus or minus a point, as compared to a previous forecast of 55 per cent, plus or minus a point. Intel pointed to lower than expected chip production costs for the boost.

Shares moved slightly higher during after-hours trading and sat at $25.30, at the time of this report. ®

Related stories

AMD details its Turion mobile processor
Nvidia previews nForce 4 SLI Intel Edition
AMD 'Athlon 64 4200+' benchmarks surface
TI cuts Q1 sales forecast
Japan calls Intel to task over anti-AMD rebates

SANS - Survey on application security programs

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.