INTEL STUFFED THE CHANNEL" IN FIRST QUARTER
So says The Inq:
Quote:The sales were driven by chips used in mobile phones but sales of X86 CPUs rose, with one analyst firm claiming "Intel stuffed the channels to make their Q1 numbers". Handelsbanken Capital Markets, commenting on the figures, said it had expected a decline but PC chip sales "rose very strongly" in February.
Handelsbanken said: "We are a bit naive. We thought Intel stuffed the channels in February, but they stuffed them even more in March, and then guided their Q2 sales down."