The company also plans to ship their quad-core Core 2 Quad processor line next year. By Q1 2007, they will have released the 2.4GHz Q6600.
These announcements come at a time where Intel's profits are tumbling. On Tuesday, the company confirmed that third-quarter earnings fell 35 percent and revenue dropped 12 percent. Despite this, Intel remains optimistic, claiming that they still beat lowered estimates.
The Santa Clara, Calif.-based company said it earned $1.3 billion, or 22 cents a share, up from $2 billion, or 32 cents a share, a year earlier. The most recent result beat estimates by 5 cents a share. Sales totalled $8.74 billion.
Chief Financial Officer Andy Bryant claims that the company "has the worst behind them" and that despite Intel's market share sinking to its lowest point in more than four years, the future remains bright for the chipmaker.