SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (38741)3/7/2002 4:17:44 PM
From: Brasco One  Respond to of 99280
 
Intel First-quarter Business Within Expectations
Business Editors/Technology Writers

SANTA CLARA, Calif.--(BUSINESS WIRE)--March 7, 2002--Intel Corporation today provided a planned update to the company's Business Outlook for the first quarter, which ends March 30.

Intel expects revenue for the first quarter to be between $6.6 billion and $6.9 billion, as compared to the previous range of $6.4 billion to $7.0 billion. Intel's microprocessor business continues to follow seasonal patterns, while the communications businesses remain weak.

The gross margin percentage is expected to be within the previous expectation and above the midpoint of the range. All other expectations are unchanged.