Science News Headlines | Latest Science News Articles – Yahoo! India News: Intel cuts Q4 outlook on supply shortage

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Intel cuts Q4 outlook on supply shortage Dec 12th 2011, 14:44 REUTERS - Intel Corp warned on Monday that its fourth-quarter results would miss the company's previous forecast due to hard disk drive supply shortages. The world's largest chipmaker said quarterly revenue is now seen at $13.7 billion, plus or minus $300 million, versus $14.65 billion expected by analysts, according to Thomson Reuters I/B/E/S. Intel said non-GAAP gross margin is expected to be around 65.5 percent in the quarter. (Reporting by Nicola Leske; Editing by Gerald E. McCormick)

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