A Strong Intel Disappoints on Outlook
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The chip maker reported revenue of $10.71 billion, up 10.5 percent from the quarter a year earlier, but about $100 million short of analystsâ forecasts.
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The computer maker's earnings hit estimates, but investors hoped for more.
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HIGH speed is not necessarily all that counts. What&#39;s demanded at the end of the day is performance. In the latest change to its product lineup, Intel has cancelled plans to release a 4GHz computer microprocessor.
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Intel  on Tuesday posted  quarterly results and an outlook behind Wall Street targets,  sending its shares down 15 percent and stoking concerns about a  U.S. recession and further stock market sell-offs.
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SAN FRANCISCO (CBS.MW) -- Following a year of execution missteps, Intel&#39;s two top executives sought to reassure analysts on Tuesday that the world&#39;s largest chipmaker can successfully navigate the tricky and costly processes of making smaller, faster
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Strong demand and reduced stockpiles foretell a dramatic rise in chip giant Intel&#39;s sales outlook, the firm says. The company, whose chips power most of the world&#39;s PCs, said it expected sales of $9.3-9.5bn
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Advanced Micro Devices&#39; new Mobile Sempron processor gives the company a fresh chip for the holiday season, but it probably won&#39;t help it overcome the solid advantage that rival Intel holds in the notebook market.
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Taking stock. As 2004 winds down, Intel (nasdaq: INTC - news - people ) management isn&#39;t likely to grow nostalgic: The year saw a series of production glitches and delivery delays at the chip maker, and it
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The chipmaker appears to have put its major problems in the rearview mirror. Plus: Intel's mobile Linux project.
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Investors not impressed Strong notebook and server chip sales carried Intel to a second quarter that neared the high end of previous forecasts. Investors, however, seemed unmoved by the results, as Intel noted strong pricing competition in the desktop market and a reliance on cost-cutting measures to gloss its results.â¦
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Intel Corp. , the world's  biggest chipmaker, on Wednesday posted a sharply lower second  quarter profit amid fierce competition from rival Advanced  Micro Devices Inc. .
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At ISSCC next week, Intel will reveal details on a new CPU that sounds like Silverthorne--but execs won't confirm.
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It was by any measure a stellar year for the world's leading microprocessor manufacturer, but what's disappointing investors this quarter is the disheartening news that 2007 is over.
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Intel Corp.'s (INTC.O) upcoming mid-quarter report will be closely watched for signs of weak back-to-school computer sales, though recent market share gains in memory chips could help offset any softness in computer microprocessor demand.
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Intel Corp  on Tuesday posted quarterly results and an outlook behind Wall Street targets, sending its shares down nearly 15 percent.
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The IT consultants delivered in Q1, but the outlook dashes upside hopes.
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Intel&#39;s revenue increase for the fourth quarter fell short of analysts&#39; estimates in part because of weak prices for memory chips.The company recorded revenue of $10.7 billion, up 10.5 percent year over year, missing the $10.8 billion estimated by analysts polled by Thomson Financial.Though revenue from computing-related products was as expected, NAND memory revenue was lower than expected, Intel said in a news release.The company reported net income of $2.27 billion, below analysts&#39; estimates of $2.38 billion. Earnings per share were $0.38.Intel in November rolled out its next-generation Penryn processors,&#160;which the company claims provide better power efficiency and graphics performance than its earlier chips. Manufactured using the 45-nanometer process, the company first launched Penryn chips for workstations and in early January rolled out 45-nm chips for servers, laptops, and desktops.Intel is expected to launch processors for its Montevina platform, an upgrade to its mobile Centrino platform, later this year. It will also roll out Menlow, a platform for ultramobile computers, later this year. Intel is also working on a new chip architecture code-named Nehalem, which will appear in late 2008.