Intel First-Quarter Business At High End Of Expectations
Subject: General Tech | March 15, 2005 - 02:30 AM | Joe White
SANTA CLARA, Calif., March 10, 2005 -- Intel Corporation expects revenue for the first quarter to be between $9.2 billion and $9.4 billion, as compared to the previous range of $8.8 billion to $9.4 billion.
The first-quarter gross margin percentage is expected to be approximately 57 percent, plus or minus a point, as compared to the previous expectation of 55 percent, plus or minus a couple of points, primarily due to lower than expected 65nm start-up costs and microprocessor unit costs. All other expectations are unchanged.