Intel Slashes Q4 Guidance: Demand Weaker Than Expected, Everywhere (INTC)
...weaker than expected demand in all geographies and market segments
Specifically, Intel thinks it will post $8.7 billion to $9.3 billion in Q4 sales, down from its previous expectation of $10.1 billion to $10.9 billion, and far below the Street's $10.36 billion consensus. Even Intel's high-end guidance is now well below last year's Q4 sales,...
