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Tuesday 13 December 2011

Intel cuts outlook whereas hard-drive shortage bite

Intel uttered on Monday that its fourth-quarter sales entrust be $13.7bn (£8.8bn), give or bring $300m. The camper had projected fourth-quarter sales of $14.7bn, give or take $500m. Wall Street analysts were looking for sales of $14.65bn and dividend of 69 cents a share. Intel and vocal gross margins would typify lower than expected at 64.5 percent. Wall plan expected 64.96 percent.


"Sales of personal computers are expected to be augmenting sequentially in the fourth quarter," Intel said in a balance. "However, the worldwide PC supply batch is reducing inventories further microprocessor purchases over a result of hard disk foray supply shortages. The cart expects severe disk push supply shortages to continue into the matchless quarter, followed by a rebuilding of microprocessor inventories as supplies of hard disk drives recover during the first half of 2012."

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