Intel Corp Revenue Forecast Improves For First Time In 2 Years

For the first time in 2 years, Intel Corp has raised its quarterly revenue forecast as one of the premiere supplier for personal computer parts. This improvement in revenue forecast comes amidst improving PC demands with shares rising from as much as 4.1 percent to a 15 year high of $38.05 just this past Friday. As tech users have been gradually shifting away from PCS to mobile phones, Intel has been experiencing a decline in the demand for PC sales. Sales were estimated to have declined as much as 3 percent to $7.3 billion in the latest quarter across the industry and this includes the sales of chips for mobile phones/tablets. However recently revenue has rose as much as 7.5 percent in the third quarter for HP Inc. and Shebly Seyrafi, FBN Securities analyst believes that Intel and HP are spearheading a resurgence in PC sales and PC sales are expected to decline less than the high-single-digit decline consensus in 2017. Intel has publicly announced they expect the third quarter to yield $15.6 billion with a standard deviation of about $300 million, this is compared to the prior forecast of $14.9 billion with a standard deviation of $500 million which would make it the highest-ever quarterly revenue for Intel according to analysts at Thomson Reuters data. Shares of rival Advanced Micro Devices Inc also rose about 1 percent and shares of Intel were up 2.6 percent at $37.53 according to afternoon trading.

Here at AFR Enterprises, we have a dedicated and expansive array of Intel and HP products. We are your one-stop shop and go destination for a simplified sourcing solution. ASAP will ensure that our consumers’ needs are addressed in the most expeditious and transparent manner all the while offering cost-effective component solutions therefore improving our negotiation power and profit margins. All of our aircrafts parts are extensively tested and enjoy our consumer-centric warranty If you are interested in a quote, please don’t hesitate to contact our friendly sales staff at or call us at toll free at 1-714-705-4780.

Recent Twitter Posts

Semiconductor’s Certifications and Memberships

Thanks for Visiting AFR Enterprises.

We Hope that You Will Visit Us again the Next Time You Need Aviation and Electronic Parts and Make Us Your Strategic Purchasing Partner.

Request for Quote

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.

bottom to top