| ActiveMac | Anonymous | Create a User | Reviews | News | Forums | Advertise |
|
|
|
User Controls |
|
New User |
|
Login |
|
Edit/View My Profile |
|
|
|
|
|
|
|
ActiveMac |
|
Articles |
|
Forums |
|
Links |
|
News |
|
News Search |
|
Reviews |
|
|
|
|
|
|
|
News Centers |
|
Windows/Microsoft |
|
DVD |
|
ActiveHardware |
|
Xbox |
|
MaINTosh |
|
News Search |
|
|
|
|
|
|
|
ANet Chats |
|
The Lobby |
|
Special Events Room |
|
Developer's Lounge |
|
XBox Chat |
|
|
|
|
|
|
|
FAQ's |
|
Windows 98/98 SE |
|
Windows 2000 |
|
Windows Me |
|
Windows "Whistler" XP |
|
Windows CE |
|
Internet Explorer 6 |
|
Internet Explorer 5 |
|
Xbox |
|
DirectX |
|
DVD's |
|
|
|
|
|
|
|
TopTechTips |
|
Registry Tips |
|
Windows 95/98 |
|
Windows 2000 |
|
Internet Explorer 4 |
|
Internet Explorer 5 |
|
Windows NT Tips |
|
Program Tips |
|
Easter Eggs |
|
Hardware |
|
DVD |
|
|
|
|
|
|
|
Latest Reviews |
|
Applications |
|
Microsoft Windows XP Professional |
|
Norton SystemWorks 2002 |
|
|
|
Hardware |
|
Intel Personal Audio Player 3000 |
|
Microsoft Wireless IntelliMouse Explorer |
|
|
|
|
|
|
|
Site News/Info |
|
About This Site |
|
Affiliates |
|
ANet Forums |
|
Contact Us |
|
Default Home Page |
|
Link To Us |
|
Links |
|
Member Pages |
|
Site Search |
|
Awards |
|
|
|
|
|
|
|
Credits |
 |
Intel Stock Plunges 18 Percent | |
|
||
| Time: 16:25 EST/21:25 GMT | News Source: Associated Press | Posted By: Alex Harris | ||
|
Shares of Intel Corp. plunged more than 18 percent Friday, a day after the company cut its second-quarter revenue forecast. The world's largest semiconductor maker announced it expects sales for quarter ending June 29 to be between $6.2 billion and $6.5 billion, down from its estimate of $6.4 billion to $7 billion unveiled in April. On Thursday, Intel blamed the lower-than-expected sales on soft demand for PC processors in Europe. "In my mind, we got a little aggressive in our forecasts," said Andy Bryant, Intel's chief financial officer. Intel shares closed down $5, to $22, in Friday trading on the Nasdaq Stock Market. Analysts were expecting second-quarter sales of $6.7 billion and net earnings of 15 cents a share, according to Thomson Financial/First Call. Last year, the company recorded sales of $6.3 billion and profits of 12 cents for the period. | ||
|
Write Comment
Return to News |
Displaying 51 through 75 of 209 Prev | First | Last | Next |
The time now is
11:27:55 AM
ET.
Any comment problems? E-mail us |
|
Write Comment
Return to News |
Displaying 51 through 75 of 209 Prev | First | Last | Next |
The time now is
11:27:55 AM
ET.
Any comment problems? E-mail us |
