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Microprocessor revenue rose 6.5percentt while dynamic random access memory sales were up 1.2percentt.
Intel today accounts for 82% of global microprocessor revenue and has annual revenues of $37.6 billion because it understood this long ago.
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The microprocessor maker expects revenue to continue to decline in the second quarter because of "limited visibility and historical seasonal patterns".
The world's largest microprocessor maker saw revenues jump nearly 21%, to $25.1 billion, and continues to enjoy a monopolistic 85%-plus market share of the desktop market.
Intel still does derive nearly 85% of revenue from microprocessors and other computer chips.
Recently announced price cuts for Intel's microprocessors will cut into future revenue and margins.
Though 84% of Intel's revenue comes from microprocessors, primarily for PCs, the company's rival, Micron Technology, is seeing broader demand for its memory chips, according to Gilmartin.
Bear Stearns expects revenue upside in microprocessors driven by stronger than expected unit demand in servers, low-end desktops, and notebook processors.
Since most of its revenue comes from PC microprocessors, where it controls most of the market share, Intel is in a better position to control pricing conditions in response to the ebb and flow of inventory conditions.
Since then an ensuing price war in the microprocessor business has seen Cyrix-related revenues shrink 35% from $77 million in the second quarter of fiscal 1998 to $50 million in the second quarter 1999 (ended February 28).
Since then an ensuing price war in the microprocessor business has seen Cyrix-related revenues shrink 35% from $77 million in the second quarter of fiscal 1999 to $50 million from the second quarter 1999 (ended February 28).
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