Feeds

Intel's Q1 'a little better' than expected

Modest 16 per cent growth

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

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

Beginner's guide to SSL certificates

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
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
Microsoft EU warns: If you have ties to the US, Feds can get your data
European corps can't afford to get complacent while American Big Biz battles Uncle Sam
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
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.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.