Intel bargains

By Jennifer Mears, NetworkWorld.com, 07/20/06

Intel reported its second quarter financials this week and things weren't exactly bright. It posted profits of $885 million for the second quarter. That’s less than half of the $2 billion it earned during the same period last year. Intel executives blame the drop in earnings on several things, including a slowdown in PC sales and competitive pressure from rival AMD.

Intel has overhauled its processor line. It introduced its new Xeons in June, a new high-end Itanium chip earlier this week and plans to unveil a new desktop processor and laptop processor in coming weeks. Intel executives hope the new processors will help boost the company's fortunes in the second half.

While the new, enhanced chips are, of course, good news for buyers, so is the fact that the older chips will be pushed at reduced prices. Analysts say enterprise buyers should find good deals on Intel-systems, as a result.

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