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Intel Misses Earnings By A Penny: Page 2 of 2

"We ramped our 90 nm process into high volume with the launch of several new desktop processors, and plan to substantially increase shipments in the second quarter including our first mobile and server products," Barrett said. "The combination of these products plus new processors and platform innovations coming over the course of this year positions us well for continued growth."

Looking ahead to second quarter numbers, Intel said it expected its revenue to fall within a range of $7.6 billion and $8.2 billion. The Wall Street consensus had indicated an expectation of $8.09 billion.

Intel executives were set to explain their results and outlook in more detail during an afternoon conference call with financial analysts.

Article appears courtesy of CRN.