Intel also suffers a fall in profits
With AMD announcing disappointing figures for 2006 regarding its share of the CPU market, silicon rival Intel also suffered at the end of 2006 with profits falling by 39% compared to 2005. During Q4 2005 the company made $2.24bn, but during the same period of 2006 it made only $1.5bn, with overall revenue for the last quarter down 5%. This still beat analyst expectations however, achieving a turnover of $9.7 instead of the predicted $9.44, with the fall mostly accredited to increased competition from AMD forcing prices down. The firm is now hoping for its revenue to be between $8.7bn and $9.3bn for Q1 2007.
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DailyTech
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