Intel - News

Ticker Symbol: INTC

Intel News - Upcoming

Traders in the tech space will be keeping a watchful eye on Intel's Q4 report. Until then, PC makers like Dell who purchase Intel processors will provide a strong barometer for how far demand has dropped.

Intel News - Past

As stocks crash, guidance follows suit. On November 12th, Intel lowered its Q4 revenue to $8.7 billion to $9.3 billion, well below prior guidance of $10.1 billion to $10.9 billion. On November 12th, Goldman semi analyst James Covello slashed his Q4 EPS forecast for Intel to 30 cents. Wall Street is calling for earnings of 37 cents. Covello estimates 2009 earnings will be 75 cents per share, down from $1.15.

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