Intel results slump; chip maker gives no guidance on future

� Intel Corp. Tuesday brought back a considerable reduction in the income and in the benefit during this year 'first quarter of S, but President Paul Otellini claimed that the industry of PC shows signs of re-establishment.

We believe that the sales of PC touched the bottom during the first quarter and that industry returns to the normal seasonal models that, Otellini said in a report/ratio.

However, the didn of chipmaker 't provides any councils for future quarters, quoting uncertainty continues about the economy. The lack of a financial forecast helped to involve a reduction the price of much of actions of technology while trading on Wall Street this morning.

The income for the quarter finished on March 28 was assembled to $7.1 billion, Intel paid. It was in bottom of 26% of last year 'quarter of S of the first but always slightly in front of the evaluations of analyst, according to the supplier Thomson Reuters of financial data.

The net income was $647 million, lowers the year of 55% by it over the year, with earnings per share of 11 hundreds. It was also in front of the hopes; on average, the analysts had envisaged incomes of Juste 3 hundreds per share. Intel indicated that some expenses of reorganization and capital-weakening had been lower than envisage.

After goes up of a sudden rise in the popularity of the netbooks, Intel saw the income of its processors of atom and whole of piece to drop itself abruptly on a sequential basis. The sales of atom fell 27% from the level of businesses in last year 'quarter of S the fourth, to $219 million, the company said.

In his report/ratio, Otellini indicated that Intel saw the tendencies on the market of PC which show models of a nature turning over at the normal levels. Touched sales of office bottom initially and then recovered inside early - February says it adding that Intel 'inventory of S of the wasn of pieces of desktop machine 'of T excessive and were released outside quickly.

On the other hand, that took a longer time so that the demand for laptop of the consumer reaches the normal levels because the arrear there was much larger, according to Otellini. The income of the pieces of netbook stymied also because of the excessive inventory, it said. But this inventory was now released, and the sales of atom should turn over to the mode of growth, it were added.

Require for laptops of company slowed down during the quarter because of the expenditure of corporation reduced in answer to force saves to HIM, Otellini indicated. However, it provided that the request could increase while the end of the three years usual cycle of levelling for GCV approaches with many companies.

In spite of Otellini 'of attractive sight of S of the market of PC, John Spooner, an analyst with the Research Inc. businesses of technology, saw some negative.

Intel will belong to the challenges as it tries to raise its income and to maintain profitability this year, Spooner wrote in a note of research. He said that purchasers of PC looking at to save the money during the recession can choose systems with the pieces at low price such an atom and Intel the 'processor of S Celeron, which could have like consequence of the meaner margins for the company.
New reality gone to exert considerable pressure on Intel 's average processor sale price like customer end, company and consumer, seek great blow for male when. they move to buy new GCV that, Spooner wrote.

Otellini claimed that Intel adapted well to the recession through disciplined execution and agility. Compagnie launched its pieces of waiter of Xeon 3500 and 5500, EP called of Nehalem, during the first quarter, as well as of new devices of atom. Intel also updated its chart of road of manufacture, stating which it would invest $7 billion to make a faster shift with the production of 32 nanometers.

The launching of piece of Xeon provided the greatest simple increase in the execution of waiter that Intel forever provided, Otellini indicated, adding that more than 230 designs of waiter of the suppliers of material are now ready to be transported. Intel itself intends to embark its 1 millionth piece based on microarchecture of Nehalem this week, it noted.