Intel Lowers Third-Quarter Revenue Outlook

SANTA CLARA, Calif., Sept. 7, 2012 – Intel Corporation today announced that third-quarter revenue is expected to be below the company’s previous outlook as a result of weaker than expected demand in a challenging macroeconomic environment. The company now expects third-quarter revenue to be $13.2 billion, plus or minus $300 million, compared to the previous expectation of $13.8 billion to $14.8 billion.
 
Relative to the prior forecast, the company is seeing customers reducing inventory in the supply chain versus the normal growth in third-quarter inventory; softness in the enterprise…

See the rest here: Intel Lowers Third-Quarter Revenue Outlook

car insurance quotes Texas

About The Author

RSS Hot Search Trends

Archives

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 378 other subscribers