Intel Corp’s second quarter results (page seven) were only slightly above Wall Street estimates as revenues came in slightly less than expected: the company says it was pleased with a rapid move of Pentium-based systems into the personal computer mainstream; sales were up 30% at $2,770m in the quarter, and gross margins are beginning to […]
Intel Corp’s second quarter results (page seven) were only slightly above Wall Street estimates as revenues came in slightly less than expected: the company says it was pleased with a rapid move of Pentium-based systems into the personal computer mainstream; sales were up 30% at $2,770m in the quarter, and gross margins are beginning to look just that, assuming old IBM Corp proportions and rising to 58.3% from 57.7% in the first quarter – but way down on the 64.1% a year ago (that is set by where the company is in the product cycle and by the need to cut prices to spoil the fun of those iAPX-86 clonemakers).
