TechTarget

Intel more optimistic on third-quarter revenue

Intel has provided sharper expectations for third-quarter revenue.

This Article Covers

PC

Intel has provided sharper expectations for third-quarter revenue.

The company now expects third-quarter revenue to fall between $7.6bn and $7.8bn up from expectations of $6.9bn to $7.5bn when it announced second-quarter results on 22 August. Intel's third quarter ends on 27 September.

Third-quarter demand for PC and server processors remains strong, but demand for communications products is still weak, Intel said.

The forecasted $7.7bn represents an 18% increase over Intel's third-quarter 2002 revenue of $6.5bn.

IDC agreed with Intel's assessment, raising its forecast for PC shipment growth to 8.4% for the remainder of the year.

Gartner has also recently increased its expectations for worldwide growth in PC shipments.

Tom Krazit writes for IDG News Service

CW+

Features

Enjoy the benefits of CW+ membership, learn more and join.

Read more

0 comments

Oldest 

Forgot Password?

No problem! Submit your e-mail address below. We'll send you an email containing your password.

Your password has been sent to:

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

SearchDataManagement

Close