[an error occurred while processing this directive]
BBC News
watch One-Minute World News
Last Updated: Thursday, 10 March, 2005, 22:33 GMT
Intel improves its sales forecast
Intel HQ
Intel's figures are seen as key to the whole computer industry
Intel has raised the lower level of its first quarter sales forecast, thanking reduced manufacturing costs.

It now expects revenue in the three months to 31 March to fall between $9.2bn (4.7bn) and $9.4bn.

Back in December the world's largest chipmaker predicted that the figure would be between $8.8bn and $9.4bn.

The new estimate exceeds Wall Street expectations. Shares in the company rose by 2% in electronic after-hours trading in New York.


Intel said its gross margin - the difference between sales and the cost of the products sold - is expected to be about 57%, compared with the previous forecast of 55%.

"I'm encouraged by the gross margin guidance, which is a little better than expectations," said Krishna Shankar, a computer industry analyst with JMP Securities.

"Sounds like the PC business is tracking normally."

Intel does not provide profits guidance ahead of its reports.

Intel has record quarterly sales
12 Jan 05 |  Business
Intel sunny about holiday sales
03 Dec 04 |  Business
Intel sees profits rise to $1.9bn
12 Oct 04 |  Business
Intel sees big changes to the net
10 Sep 04 |  Technology
Intel gloom weighs on chip stocks
02 Sep 04 |  Business
Intel in new chip breakthrough
30 Aug 04 |  Business

The BBC is not responsible for the content of external internet sites


News Front Page | Africa | Americas | Asia-Pacific | Europe | Middle East | South Asia
UK | Business | Entertainment | Science/Nature | Technology | Health
Have Your Say | In Pictures | Week at a Glance | Country Profiles | In Depth | Programmes
Americas Africa Europe Middle East South Asia Asia Pacific