Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 18 July 2012 10:11

Intel's results in line with expectations

Written by Nick Farrell



Not as doomed as people thought


Intel's report of Q2 revenue being in line with expectations would appear to be good news. CEO Paul Otellini and CFO Stacy Smith held a conference call with analysts after making the announcement and told Wall Street that  business in the quarter played out more or less as expected “against a backdrop of mixed macroeconomic conditions.”

However the company’s shift of its 22-nanometer chips is ahead of the production rate the company had at 32 nanometer features. Ultrabooks computers are doing ok and Otellini said he was pleased with the ramp in sales so far. The first $699 systems should be in the shops soon based on Ivy Bridge processors and the technology is expected to take off next year. Both Smith and Otellini emphasized that the company missed the mid-point of its revenue outlook in the quarter because of weak sales of NAND flash memory chips.

The company’s Data Center Group revenue rose more than 15 per cent with high-performance computing being one of the fastest-growing segments. However consumer PC growth in Western Europe and North America will not recover as quickly as expected, said Otellini. Enterprise and emerging market strength was somewhat offset by slowness in mature markets. Smith said that Intel will not be hiring for a while while there is all this economic mess. He expected that customers will continue to maintain lower inventory levels. Smith clarified that the company would take some 32-nanometer production off line because of lower demand.

Otellini was asked about how it seemed to be doing relatively better than AMD and he said the thought Intel had clawed back some of its rival's low end market. Smith, commenting on the company’s inventory levels, said Intel was able to deliver its Ivy Bridge chips faster than expected. He said that this quarter, as business starts to build, days of inventory will likely decline a bit.

blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments