June 7, 2001

Intel's first mid-quarter report to trim sales

Author: JT Smith

The Register: "Intel is expected to pare back its expectations for Q2 sales when it posts a
mid-quarter financial statement later today - a first for the chip giant.

So analysts reckon, anyway. Eric Ross of Thomas Weisel Partners on Monday
reiterated his prediction that the chip giant will lower its Q2 2001 guidance on the
back of falling unit shipments, the price cuts it made to the Pentium 4 family in April
and the latest decline in PC shipments since Intel made its forecast."

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