GrammatonJP
Golden Member
SANTA CLARA, Calif.--(BUSINESS WIRE)--March 3, 2006
Intel Corporation today announced that first-quarter
revenue is expected to be between $8.7 billion and $9.1 billion, as
compared to the previous expectation of between $9.1 billion and $9.7
billion, primarily due to weaker than expected demand and a slight
market segment share loss.
The company expects the first-quarter gross margin percentage to
be adversely impacted by the change in revenue. Expenses (R&D plus
MG&A) are expected to be lower than previously forecast due to lower
revenue- and profit-related spending.
Effective with this announcement, Intel has begun its "Quiet
Period." Intel's Business Outlook, published in the company's
fourth-quarter earnings release dated Jan. 17, 2006, and in its Form
10-K for the year ended Dec. 31, 2005, no longer reflects the
company's current expectations. The company plans to provide a new
Business Outlook when it reports first-quarter financial results on
April 19, 2006.
Intel Corporation today announced that first-quarter
revenue is expected to be between $8.7 billion and $9.1 billion, as
compared to the previous expectation of between $9.1 billion and $9.7
billion, primarily due to weaker than expected demand and a slight
market segment share loss.
The company expects the first-quarter gross margin percentage to
be adversely impacted by the change in revenue. Expenses (R&D plus
MG&A) are expected to be lower than previously forecast due to lower
revenue- and profit-related spending.
Effective with this announcement, Intel has begun its "Quiet
Period." Intel's Business Outlook, published in the company's
fourth-quarter earnings release dated Jan. 17, 2006, and in its Form
10-K for the year ended Dec. 31, 2005, no longer reflects the
company's current expectations. The company plans to provide a new
Business Outlook when it reports first-quarter financial results on
April 19, 2006.
