Intel Corp (INTC)

[SemiconEng]

SemiconEng,
I thought margins dropped?
Mysef


Historically, everything drops in Q1. I meant held, as in meeting the original forcast from Q4, despite the reported late quarter drop in Q1 Laptop sales.... Overall 2004 margins also seem to still be meeting expectations........


http://www.lightreading.com/document.asp?doc_id=45914&site=lightreading
Gross margin percentage in the first quarter is expected to be approximately 60 percent, plus or minus a couple of points. Intel's gross margin percentage varies primarily with revenue levels, product mix and pricing, changes in unit costs and inventory valuation, capacity utilization, and the timing of factory ramps and associated costs.

Gross margin percentage for 2004 is expected to be approximately 62 percent, plus or minus a few points, as compared to 57 percent in 2003.