This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Intel's 3Q: Watching For Clues To The Holidays

JORDAN ROBERTSON

SAN FRANCISCO (AP) â¿¿ Intel Corp. is scheduled to report its third-quarter financial results on Tuesday, Oct. 12, after the market closes.

WHAT TO WATCH FOR: The personal computer industry, of which Intel is a major part, has already copped to a crummy back-to-school shopping season.

Intel, the world's biggest maker of the "brains" of PCs, cut its third-quarter guidance in August. Advanced Micro Devices Inc., the No. 2 to Intel in that market, recently did the same. And two leading PC makers â¿¿ Hewlett-Packard Co. and Dell Inc. â¿¿ also raised red flags.

Consumers clamped down on spending on new PCs this summer amid worries about prolonged joblessness and other economic anxieties.

Now, investors' focus will be on the next critical shopping season: the holidays. If Intel's guidance is strong, it could be a balm for many of those fears, showing Wall Street that Intel's customers â¿¿ PC makers â¿¿ are anticipating a bump in demand. Signs of shakiness would likely depress expectations for a strong finish this year in PCs.

WHY IT MATTERS: Because of Intel's unique position, it's seen as a proxy for the overall PC market. Its own profitability often isn't as important for the market as what its guidance says about the health of PC sales.

Intel can prosper even when PC sales are skidding â¿¿ it invests billions of dollars in cutting-edge factories because new technologies let Intel shrink the size of the transistors on its chips. That cuts the cost of making the chips, which helps Intel's profit margins while boosting the chips' performance and giving consumers faster PCs.

Transistors are the tiny on/off switches that control the flow of electrical current.

Intel's microprocessors are inside 80 percent of the world's PCs.

WHAT'S EXPECTED: Intel is expected to have earned 50 cents per share on $11.0 billion in revenue, according to a poll by Thomson Reuters. In August, Intel warned that its revenue would be between $10.8 billion and $11.2 billion, down from its earlier forecast of $11.2 billion to $12 billion.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs