Intel just announced their price cuts!
BN 13:21 Intel Reduces Prices on Chips for PCs, Servers as Much as 32%
Intel Reduces Prices on Chips for PCs, Servers as Much as 32%
Santa Clara, California, April 15 (Bloomberg) -- Intel Corp.
chopped the price of its personal-computer chips by as much as
32 percent, as the world's biggest semiconductor maker rolls out
faster products.
The cost of a 1.2 gigahertz Pentium III fell to $163 each
from $241 in 1,000-unit shipments, Intel said on its Web site. A
2.2 GHz Pentium 4 dropped 25 percent to $423, with the 2 GHz
Pentium 4 down to $284 and older models of the chip at $262.
Intel started selling a 2.4 GHz Pentium 4 this month and is
increasing the speed of the processor to 3 GHz in coming months.
Analysts such as Robertson Stephens Inc.'s Eric Rothdeutsch
predicted these price cuts and expect another round next month, as
the chipmaker tries to shore up demand and brings the Pentium 4
into mainstream PC markets.
The Santa Clara, California-based company also lowered prices
on laptop chips. The cost of an 866 megahertz low-power Pentium
III for mobile PCs sank 24 percent to $241, with a 650 MHz low-
power Celeron for inexpensive notebooks as low as $96.
The price for Xeon server chips fell as much as 27 percent.
Spokesman Robert Manetta said the reductions come on a regular
basis as newer, faster models hit shelves.
Intel shares fell 4 cents to $28.35 in early afternoon
trading today. They've dropped 10 percent this year.