Laptop Battery by Dave Porter
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Thinkpad Intel Corporation raised its fourth-quarter sales outlook Thursday, fueled by growth in laptop and desktop computers, the world's largest chip-maker said.If you would like to receive late breaking news on stocks covered by AXcess News then you need to subscribe. By joining, you can stay ahead of the pack and receive the latest news in your email in-box first.Print This Page
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Microsoft Dec 2, 2004 (AXcess News) Santa Clara CA - Intel Corporation (NASDAQ: INTC) raised its fourth-quarter sales outlook Thursday, fueled by growth in laptop and desktop computers, the world's largest chip-maker said.The company said sales for fourth quarter would be between $9.3 and $9.5 billion. In October, Intel had given a sales forecast of $8.6 to $9.2 billion. In a statement released Thursday, Intel said the raised sales forecast was being driven by worldwide increases in demand for the chip manufacturer's processors. The company expects to decrease its inventory several hundred million dollars during the quarter as well, shaving costs through those efforts.Improving orders will help outgoing Chief Executive Officer Craig Barrett fulfill his promise to reduce the company's record stockpile of computer chips.
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Laptop Computers The company experienced strong demand for laptop circuit boards in October, twice the number analysts had expected.
mail is then sent to the destination SMTP server which then delivers it to the recipients incoming mail server (POP3). 4) The recipient either views the mail directly on the server with a webmail application, or ideally, mail client (Outlook). With Webmail, you are viewing the mail directly on your POP mail server, mail Client like Outlook, you are downloading mail to your computer. A webmail application is great when you are traveling and do not have access to your own computer.
Laptop Computer Stronger than normal holiday sales bolstered the company's results.Advertisement
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Desktop Computer Intel is the first major technology company to give the market a sales update after Thanksgiving, a process commonly seen in retail, but not electronic component manufacturing.
Notebooks Analysts raised estimates on Intel over the last several weeks.
Lenovo Over the summer, chip delays and cancellations cost the company as inventory began to bulge warehouses. The company said in October that it would be taking charges against its financials related to the cost of slowing down production at its plants.
Shares of Intel closed Thursday at $22.71, down 39 cents, though after-market trading pushed Intel's shares up $1.75 or 7.71%. Intel had released its sales outlook after the close, which prompted the rise.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.
