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Friday, 15 July 2011 13:27

Intel to post strong Q2 earnings

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Facing pressure in tablet market

Intel is expected to release its Q2 earnings next week and analysts believe the chipmaker will post some strong results.

Market share is estimated at 82.6 percent, up 2 percent from 2010. Revenues are expected to total $12.87 billion, up 25 percent year-over-year. Non-GAAP operating income jumped 24.9 percent to $4.34 billion, while gross margin shrunk by over 1 percent. Intel is expected to earn between $0.49 and $0.55 per share.

It appears the Sandy Bridge recall did not make a dent on Intel’s shipments, despite the company was forced to pull about 8 million chipsets in Q2. Analysts believe Intel will do more to address shortcomings in the tablet market, with new Atom processors.

However, Intel will still lack chips capable of taking on ARM processors in this particular market, hence it will rely on Windows 8 to push sales.

More here.

Last modified on Friday, 15 July 2011 13:41
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