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Intel's profits take another hit

By Derek Sooman

On April 16, 2006, 7:53 AM

Intel is expected to report another large drop in profits when it reports quarterly results this week. Due to the company loosing market share to AMD, it is possible that Intel is set to announce that profits are down as much as 35%.

The technology industry’s bellwether has suffered several quarters of disappointing profit and sales. Based in Santa Clara, California, Intel is set for earnings of 22 cents a share for the first quarter, according to the average analyst estimate on Reuters Estimates. That compares with 34 cents a share a year earlier.
The company is expected to take action by slashing chip prices on a wide variety of processors, both on those used in desktops as well as in servers.

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User Comments: 10

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  1. The worst part in all this is that when Intel shares take a hit, AMD shares take a hit aswell. It doesn't matter that AMD has posted its biggest profits, the market will assume that if Intel is going bad, the whole industry is going bad.AMD is not yet seen as a company that can do well by itself.
  2. I think its great when these massive companies loose profits and have to wind up lowering the costs of their products. Maybe I will be able to get a really good core duo centrino laptop next year for a good budget price because of this.
  3. [b]Originally posted by Didou:[/b][quote]The worst part in all this is that when Intel shares take a hit, AMD shares take a hit aswell. It doesn't matter that AMD has posted its biggest profits, the market will assume that if Intel is going bad, the whole industry is going bad.AMD is not yet seen as a company that can do well by itself.[/quote]Outstanding point
  4. What? But Intel just announced they are supplying chips to Apple, that should help their sales... not?! Ok, ok... I will stop with the Apple jokes before you start thinking I have something against them when I don't, timing was right for this one though.
  5. ..but is apple using the cores yet, or has it been announced that they will in the future????
  6. You can buy Apple computers with Intel chips now.
  7. and with "bootcamp" you can do the unthinkable. Run windows on a mac. AHH
  8. OS X on a non-Apple was done, no?
  9. [b]Originally posted by DragonMaster:[/b][quote]OS X on a non-Apple was done, no?[/quote]Yea, illegally with emulators and run windoze on macs. (vis-vera)
  10. [quote]Yea, illegally with emulators and run windoze on macs. (vis-vera)[/quote]Not emulators, they got Intel-OS X beta on a PC.

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