Intel Earnings Results May Show Duration Of Downturn

Intel Corp. is about to give a kick to far what is perhaps the incomes most largely envisaged technology seasons in years, because the investors grind their eyes for the signs full with hope with one end to the total economic recession.

That means that the giant of semiconductor - and component of Dow - can be controlled much more than the normal. Intel (INTC) brings back Tuesday results of the first quarter, him incentive the first commander company of point to announce results for one period which saw the request for fall for all the GCV to the cordless phones with the software.

But of the companies of piece are often seen like indicators, because they must build their products in front of any improvement in the request of the goods of end-customer.

The investors seem to bet that there can be a certain light at the end of the tunnel - the shares of Intel jumped almost 30% during the month spent in front of the report/ratio.

We think the beat Intel 'of results of the first quarter [] internal forecast of S and of the evaluations of consensus and we wait so that the councils of the second quarters reflect the modest growth, analyst Patrick Wang de Wedbush Morgan said in a note to the customers this week.

The hopes for the recently finished period are already low. The analysts expect that currently the income slips almost 28% to $7 billion, according to an investigation of consensus by Thomson Reuters.

One expects that incomes enter to 2 hundreds a share - to the bottom abruptly of the incomes of 25 hundreds a share during the time previous year ago.

One expects that largely the industry of piece carries out the sector of technology the 'rebound of S and as a world 'manufacturer of number 1 of S of the semiconductors, one expects that Intel 'results of S offers to best the first indication of at which distance the industry of technology is extinct of one one or the other certain level of stabilization since the market began its from top to bottom spiral or even a return.

The analysts recently indicated signs to reinforce the request of the pieces after what much believes were a overcorrection in the inventory.

Our controls of more recent PC indicated stronger tendencies of order led by the restocking of inventory and a stabilizing market of book, which we believe will be reflected at Intel 'results of first quarter of S that, Wang wrote.

The analyst David Wong de Wachovia also offered an optimistic sight, quoting several indications of a collection in the activity of manufacture of PC, giving us confidence that Intel 'the sales quads of S March will exceed the hopes which it company regulated in January.

He added: We think that the quarter of March 2009 could represent a bottom for Intel in terms of forwardings, production, use of capacity and gross margin.

Intel remains the higher chipmaker in the world, and even increased its market share total of semiconductor in 2008 to 13.3% of total income, according to Gartner Inc. Samsung Electronics was a distant second with 6.8%.

Intel also obtained a push recently with the exit of turn of its new piece of waiter, Xeon 5500, that Wong indicated will help Intel gains the market share, and also potentially leads a certain request by increase on the market in waiter x86.

But Intel also whirled of the recession of the market, and saw its income plunging by one 0.5%, according to Gartner. The group of search for technology also projected more declines of income for the whole sector of piece in 2009.

The Doug analyst whom Freedman de Broadpoint AmTech recommended optimism selected to the customers, noting, Intel are to the top of 30% of his recent basin of three quarters, harshly on line with other names of semiconductor of large-hat.

Continues Us to believe that there is full floor of support in semiconductor because Intel and Texas Instruments (TXN) were only stocks under the insurance for retester the new ones low like broader market put at the trough in, of February/March Freedman wrote.