Intel financial activity for Q4 2008

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POSTER: computer news   ||   INTEL FINANCIAL ACTIVITY FOR Q4 2008	DATE:2009-01-08
The Economic crisis forces producers to regularly reexamine forecasts according to the financial activity results in the fourth quarter 2008, although usually this period is characterized by a noticeable gain from Christmas sales. Intel company  already reexamined its forecasts for the fourth quarter in the middle of December. Then it assumed that incomes will be lowered by 12% in comparison with the third quarter, and by 16% in comparison with the fourth quarter 2007. In the absolute expression, the incomes forecast for the fourth quarter was lowered from $10.1-10.9 billions to the sum of approximately $9 billion. However, yesterday Intel company unexpectedly published a press release with even lower gain indices . Intel expects that incomes for the fourth quarter will not exceed $8.2 billions, which is lower than the activity results during 2000, when American economy has a big crisis.  However, if we compare this value the previous block, then Intel incomes  can be lowered by 20%. In comparison with the fourth quarter 2007, Intel incomes can fall by up to 23%. The reasons for reduction in the gain volumes are obvious for Intel:  A drop in the final demand, and decrease in the reserves of retail network participants . Intel company is also to pay $950 ml. in connection with the depreciation of active memberships .  $250 ml. For writing off expenditures, connected with Intel company restructuring and depreciation of other active memberships. Expenditures for R & D, advertisement and administrative expenses will be lowered from $2.8 to $2.6 . Related Products :

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