Autor: OSanto
Data: 05-06-2003 15:51
BusinessWire, Thursday, June 05, 2003 at 16:15
SANTA CLARA, Calif.--(BUSINESS WIRE)--June 5, 2003--Intel
Corporation today provided a scheduled update to the company's
Business Outlook for the second quarter, which ends June 28.
Intel expects revenue to be between $6.6 billion and $6.8 billion,
as compared to the previous range of $6.4 billion to $7.0 billion. The
company's Intel Architecture business is trending to the high end of
the normal seasonal pattern while demand for communications products
remains soft. All other expectations are unchanged.
Intel's second-quarter Business Outlook was originally published
in the company's first-quarter 2003 earnings release, available at
www.intc.com
. The company will hold a public webcast at 2:30 p.m. PDT
today at
www.intc.com
, with a replay available until July 15.
Intel, the world's largest chip maker, is also a leading
manufacturer of computer, networking and communications products.
Additional information about Intel is available at
www.intel.com/pressroom
.
This Business Update and the April 15 Business Outlook are forward
looking and involve a number of risks and uncertainties. Demand for
Intel's products, which impacts revenue and gross margin, is affected
by business and economic conditions as well as computing and
communications industry trends and changes in customer ordering
patterns. Revenue and the gross margin percentage are affected by
competing chip architectures and manufacturing technologies, competing
software-compatible microprocessors, pricing pressures and other
competitive factors, as well as market acceptance of Intel's new
products, and the development and timing of introduction of compelling
software applications and operating systems that take advantage of the
features of our products. Future revenue is also dependent on
continuing technological advancement, including developing and
implementing new processes and strategic products, as well as the
timing of new product introductions, sustaining and growing new
businesses, and integrating and operating any acquired businesses. In
addition to the impact of changes in revenue, the gross margin
percentage varies with product mix and pricing, changes in unit costs,
capacity utilization and the existence of excess capacity, and the
timing and execution of the manufacturing ramp and associated costs.
The gross margin percentage could also be affected by excess,
insufficient or obsolete inventory and variations in inventory
valuation. Intel conducts much of its manufacturing, assembly and
test, and sales outside the United States and is thus subject to a
number of other factors, including currency controls and fluctuations,
and tariff and import regulations. If terrorist activity, armed
conflict, civil or military unrest or political instability occurs in
the United States, Israel or other locations, such events may disrupt
manufacturing, assembly and test, logistics, security and
communications, and could also result in reduced demand for Intel's
products. Major health concerns, such as the spread of the SARS
illness, could also adversely affect our business and our customer
order patterns. Expenses, particularly certain marketing and
compensation expenses, vary depending on the level of revenue and
profits. The expectation regarding gains or losses from equity
securities and interest and other assumes no unanticipated events and
varies depending on equity market levels and volatility, gains or
losses realized on the sale or exchange of securities, impairment
charges related to non-marketable and other investments, interest
rates, cash balances, and changes in fair value of derivative
instruments. Expectations of impairment charges are based on
experience, and it is not possible to know which specific investments
are likely to be impaired or the extent or timing of individual
impairments. Results could also be affected by changes in the
effective tax rate, as well as by adverse effects associated with
product defects and errata (deviations from published specifications)
and by litigation, such as that described in Intel's SEC reports, as
well as other risk factors listed in Intel's SEC reports, including
the report on Form 10-Q for the quarter ended March 29, 2003.
xi
OSanto
"a vida eh aquilo que acontece...enquanto nos fazemos planos"
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