News

Intel narrows Q1 revenue estimates

Intel narrowed its first-quarter revenue estimate, announcing that it now expects revenue between $6.6bn (£4.6bn) and $6.9bn (£4.8bn) for the quarter ending 30 March.

Intel previously forecast revenue of $6.4bn to $7bn. The company said its microprocessor business is following traditional seasonal patterns, while its communications businesses remain weak.

Intel reported revenue of $6.7bn in its first quarter last year, a 16% drop from the previous year.

Email Alerts

Register now to receive ComputerWeekly.com IT-related news, guides and more, delivered to your inbox.
By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy
 

COMMENTS powered by Disqus  //  Commenting policy