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| VIEW EVENT INFORMATION: Intel |
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Intel Lowers Q4 Sales Expectations By $1B Due To PC Makers Reducing Inventories |
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About the organization Intel:
Type: Business
Sub-Types: Computer, Computer Hardware, Electronics, Electronics Hardware, Telecommunication, Telecommunication Hardware |
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Notable Organizations: Intel, Techcrunch
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| Intel has just announced that its fourth quarter results are expected to fall below the company’s previous outlook because of hard disk drive supply shortages.
Intel now expects fourth quarter revenue to be around $13.7 billion, plus or minus $300 million, on both a GAAP and non-GAAP basis, which is $1 billion lower than the previous expectation of $14.7 billion, plus or minus $500 million. |
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