Intel lowers earnings forecast for the third quarter
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POSTER: computer news || INTEL LOWERS EARNINGS FORECAST FOR THE THIRD QUARTER |
DATE:2012-09-08 |
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Intel leadership yesterday reduced the forecast revenue for the third quarter current fiscal year. The range of expected revenue for the period now starts at $ 12.9 billion and ends at $ 13.5 billion , although in the last quarter, it started with a $ 13.8 billion and ended with $ 14.8 billion in other words, Intel expects to receive in the current quarter almost a billion dollars less than previously expected. Difficult macroeconomic conditions again caused a decline in demand for the company's products, so the forecast had to be adjusted. The rate of profit in the third quarter may stay within 61-63%, although Intel previously asked a range of 61% to 65%. Expenditure on research and development and acquisitions in the third quarter will remain at the same level, but the capital investment Intel wants to keep at no more than $ 12.1 billion for the whole current year. | ||
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INTEL LOWERS EARNINGS FORECAST FOR THE THIRD QUARTER |
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