Intel and the threat of low-cost chips; despite monopoly suspicion, company seems highly vulnerable
Article Abstract:
The FTC's impending antitrust lawsuit against Intel in May 1998 probably will not have the same impact as the action taken by the Justice Dept and 20 states against Microsoft, according to analysts. A constantly evolving market already has rendered any alleged anticompetitive tactics by Intel as moot, the analysts say. PC manufacturers now are less concerned about Intel reprisals for using a rival's microprocessor than by missing the hot sub-$1,000 machines that undercut Intel's chip prices. Intel's current 90% share of the microprocessor market is facing a new challenge from less-expensive alternatives by AMD and National Semiconductor's Cyrix. The FTC lawsuit will charge Intel with keeping important technical information from companies that are clashing with Intel over patent and related disputes, according to attorneys familiar with the matter.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1998
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Intel's strong first-quarter net draws mixed review on Wall St
Article Abstract:
Intel's reported 1st qtr 1997 earnings exceeded Wall Street's expectations and were met with mixed views by analysts. Some believed the company had benefitted from impressive gains during the quarter, making its earnings appear better than indicated by operating results. The company warned that in the second quarter it expected sales to be flat, or maybe slightly higher. The company's stock reflected the mixed view of Intel's report, first rising then falling. The earnings Intel reported are more than twice what the company reported for 1st qtr 1996, $2.20 a share, or $1.98 billion. Revenue increased by 39%, reaching $6.45 billion for the quarter. Intel's stock had only been expected to earn $2.07 a share.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1997
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Intel's results slightly beat expectations; big chip maker warns of flat revenue
Article Abstract:
Intel Corp. said earnings increased to $2 billion for the first quarter, up 57% from 1998 Q1 earnings of $1.27 billion. The 57% percent figure is also the company's target for all of 1999, so Intel is on track to meet that goal. Revenues were $7.1 billion, up 18% from $6 billion in Q1 1998. As predicted by Intel, revenue declined from the previous quarter, owing to a seasonal slowdown. Shares were selling after hours at $57.75 in the wake of the announcement. Going forward, MIcrosoft's delay in releasing the next version of Windows NT may slow demand for high end chips, as buyers see little reason to upgrade.
Publication Name: The New York Times
Subject: Business, general
ISSN: 0362-4331
Year: 1999
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