Intel Lowers Q4 Revenue Guidance, Blames Hard Drive Shortages

Stefan Mileschin · 13th December 2011, 08:09

Microprocessor maker Intel has revealed that its Q4 revenue will be lower than previously expected, mostly due to the hard drive supply problems brought on by the floods in Thailand. Intel says that the HDD shortages are forcing PC makers to reduce CPU inventories, and this, of course, is affecting its sales. The chip company expects the hard drive shortages to continue into Q1 but is hopeful that things will get back on track in the first half of 2012.

The updated Q4 guidance talks about a revenue of $13.7 billion, plus or minus $300 million. This is down from the $14.7 billion, plus or minus $500 million predicted in October.

http://www.techpowerup.com/156633/In...Shortages.html

13th December 2011, 08:09	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,514	Intel Lowers Q4 Revenue Guidance, Blames Hard Drive Shortages Microprocessor maker Intel has revealed that its Q4 revenue will be lower than previously expected, mostly due to the hard drive supply problems brought on by the floods in Thailand. Intel says that the HDD shortages are forcing PC makers to reduce CPU inventories, and this, of course, is affecting its sales. The chip company expects the hard drive shortages to continue into Q1 but is hopeful that things will get back on track in the first half of 2012. The updated Q4 guidance talks about a revenue of $13.7 billion, plus or minus $300 million. This is down from the $14.7 billion, plus or minus $500 million predicted in October. http://www.techpowerup.com/156633/In...Shortages.html

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Intel Revenue Sets All-Time Record	jmke	WebNews	0	20th April 2011 08:46
Intel revenue tops $11 billion for the first time	jmke	WebNews	0	13th October 2010 14:05
Intel lost CPU revenue share to AMD last quarter	jmke	WebNews	0	10th June 2009 13:42
Seagate Lowers Warranty Period from 5 to 3 Years on Some Desktop Hard Drives	jmke	WebNews	1	12th December 2008 20:02
Intel posts record Third-Quarter Revenue of $10.2 Billion	jmke	WebNews	0	15th October 2008 21:41
AMD Loses Microprocessor Revenue Share to Intel	jmke	WebNews	0	9th July 2008 09:26
Intel raises Core 2 bus speeds, lowers prices	Sidney	WebNews	0	16th July 2007 06:20
Intel to Fight Chipset Shortages with ATI's Help	jmke	WebNews	0	25th April 2006 22:11
Intel Fourth-Quarter Revenue $10.2 Billion	Sidney	WebNews	1	18th January 2006 19:29
Intel Posts Record Second-Quarter Revenue of $9.2 Billion	Sidney	WebNews	1	19th July 2005 22:40