Intel expects revenue to be between $8.5 billion and $8.7 billion
SANTA CLARA, Calif., Dec. 4, 2003 /The Wi-Fi Technology Forum/- Intel Corporation today provided a scheduled update to the company's Business Outlook for the fourth quarter, which ends Dec. 27.
Intel expects revenue to be between $8.5 billion and $8.7 billion, as compared to the previous range of $8.1 billion to $8.7 billion. The gross margin percentage is expected to be 62 percent, plus or minus a point, as compared to the previous expectation of 60 percent, plus or minus a couple of points. The company's Intel Architecture business is experiencing solid seasonal growth while demand for communications products remains on track with the company's expectations for the quarter.
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