Gene - Re: "As I posted some time back, I think Intel will come in below consensus."
Your estimate stated Intel would be report REVENUE BELOW Q298 REVENUE levels about
1 day BEFORE Intel announced an upcoming 8-10% Revenue increase OVER Q298 REVENUES.
This is what you predicted - Gene - total Q398 revenues BELOW $5.8 BILLION.
Of course, Intel stated one day later that they expect REVENUE to GROW 8 to 10% ABOVE
the $5.9 BILLION mark.
I provide this information just to refresh your memory as to what you actually predicted.
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To: Paul Engel (64184 )
From: Gene Parrott
Wednesday, Sep 9 1998 6:15PM ET
Reply # of 64195
Paul Engel. Q3 Revenue estimates
I think the whole key to Intel's Q3 performance is Xeon.
Based on projected CPU unit growth and ASP's I doubt if CPU
\revenues will exceed Q2. (See table).
The Q2 numbers are actual's as posted by Lehman Bros.
I assumed 12% growth in CPU's and 10% growth in other businesses.
(Based on current projections by a number of analysts and my guesses).
I gave Intel 85% share of PC's.
Q3'98 Q2'98
W/W PC units 22,400,000
Intel shr 19,040,000
ASP $210
CPU Revenues $3,998,400,000 $4,312,000,000
PPro $242,000,000 $220,000,000
other CPU $66,000,000 $60,000,000
eprom/flash $269,500,000 $245,000,000
other $385,000,000 $350,000,000
systems $814,000,000 $740,000,000
Total revenues $5,774,900,000 $5,927,000,000
It seem's apparent to me that the biggest swing factor in Q3
performance is Xeon offsetting PPro. Do you have any feeling as to
how many Xeon units will ship in Q3?
TIA, Gene
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Paul |
