It looks like Intel's having a good quarter. The chipmaker raised its revenue forecast yesterday, bumping projections for both the ongoing quarter and the full calendar year.
Intel now expects its second-quarter revenue to fall between $13.4 billion and $14 billion, up from the previous range of $12.5-13.5 billion. The company has also bumped its expected gross margin range to 62-66%, up from 61-65% previously. Finally, for 2014 as a whole, Intel now expects "some revenue growth" as opposed to "approximately flat" growth.
The higher-than-expected figures can be attributed to "strong demand for business PCs," the chipmaker says.
Intel isn't the first company to laud business PC growth this year. In February, HP enjoyed an unexpected 4% uptick in PC revenue thanks to strong sales of business notebooks. The growth appears to coincide with the demise of Windows XP, which came out of its "extended support" phase on April 8 of this year.
|1. GKey13 - $650||2. JohnC - $600||3. davidbowser - $501|
|4. cmpxchg - $500||5. DeadOfKnight - $400||6. danny e. - $375|
|7. the - $360||8. Ryszard - $351||9. rbattle - $350|
|10. Ryu Connor - $350|
|Here's the not-so-live video version of The TR Podcast 164||15|
|Here's what's cooking in Damage Labs||25|
|Deal of the week: An IPS ultra-wide for $420, plus cheap SSDs and more||22|
|Microsoft's quarterly revenue up 25% on strong Surface, Xbox sales||23|
|Assassin's Creed Unity PC requires 6GB of RAM, GTX 680||231|
|Join us as we attempt to live stream The TR Podcast tonight||13|
|Civ: Beyond Earth with Mantle aims to end multi-GPU microstuttering||71|
|CPU startup claims to achieve 3x IPC gains with VISC architecture||60|
|I just found this AMAZING trick! Call of Duty takes up 0GB if you just don't buy it!||+120|