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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 233.54-1.8%Nov 7 9:30 AM EST

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To: Joey Smith who wrote (3280)12/30/1997 5:52:00 PM
From: Praveen Johal  Read Replies (3) of 6843
 
Here's more news on the PII price cuts
The next 6 months will tell how the market has taken to slot I design

127.0.0.1:15841/v1?catid=19529731&md5=ac03d06c016375937e1864d1d4734d19

Intel Slashes Price Of 233 Mhz Pentium II
(12/30/97; 3:00 PM EST)
By Kelly Spang, Computer Reseller News

Intel Corp.'s 233 Mhz Pentium II processor hit a record low in the open market as the chip giant slashed the price by 33 percent.

The move to drop the price of the Pentium II 233 MHz from $401 down to $268 is an attempt by Intel to propel Pentium II down into the heart of the mainstream desktop market.

Intel will aggressively drop Pentium II prices throughout the first half of next year, sources said.

Intel is scheduled to drop prices in February and May across product lines. The Pentium II 300 MHz, Intel's top of the line Pentium II product , will drop from $738 down to $530 in February and then to $398 by May, sources said.

Pricing is in 1,000-unit quantities.

By lowering the 233 MHz Pentium II, the entry level Pentium II processor, the Pentium II is priced lower than the 233 Mhz Pentium with MMX which is currently priced at $300.

By February, Intel will drop the price on the 233 Mhz Pentium II with MMX to $193. Intel is banking on VARs choosing to go to the newer architecture by closing the price delta between the two processor lines, say industry sources.

By May the Pentium II 233 MHz will be priced at $209 while the Pentium with MMX 233 MHz will be priced at $134, sources said.

c CMP Media 1997
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