Intel inches up Q4 forecast

Intel inched the bar higher for fourth-quarter revenue expectations Thursday, citing better than expected demand for its PC processors during the quarter.

The chip maker now expects revenue to be between US$6.7 billion and $6.9 billion for the fourth quarter, which ends Dec. 29. At the end of Intel's third quarter, it said it expected revenue of between $6.2 billion and $6.8 billion.

Prior to the end of Intel's third quarter, analysts had been expecting sales of $6.8 billion for the fourth quarter, according to a First Call estimate.

Compared to Intel's third quarter, the fourth quarter is almost "perfectly seasonal," Andy Bryant, Intel's chief financial officer, said in a conference call following the announcement. Sales in Europe and Asia-Pacific have increased slightly from the third quarter, with the Americas and Japan remaining essentially flat during the quarter, he said.

Business has increased for both the business and consumer markets, Bryant said.

The quarter has also seen growing demand from both large OEMs (original equipment manufacturers) and smaller "white box" vendors, Bryant said. "It's absolutely across both sets of customers," he said.

Microsoft Corp.'s release of its Windows XP operating system probably played a role in fourth-quarter PC sales, Bryant said. "It's having some positive contribution, but it's really hard to be able to tell how much," he said.

Prior to the announcement, shares of Intel (INTC) dropped $0.45, or 1.3 percent, on the Nasdaq.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Douglas F. Gray

Show Comments

Brand Post

Most Popular Reviews

Latest Articles


PCW Evaluation Team

Luke Hill


I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?