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Intel
Beginning of Paper
Results of operations. broke a record in net revenues in 1995, for the
ninth consecutive year, rising by 41% from 1994 to 1995 and by 31% from 1993 to
1994. Higher volumes of the rapidly raising Pentium microprocessor family,
partially offset by lower prices, and increased sales of .... Middle of Paper .... and board-level unit volume growth, new factories coming into
production, shifts in process and product mix, and in the fourth quarter of 1995,
by costs associated with unusually high reserves related to inventories of
certain purchased components. Gross margin for the fourth quarter of 1994
included the impact of a $475 million charge, primarily to cost of sales, to
cover replacement costs, replacement material and an inventory record related to
a divide problem in the floating point unit of the Pentium microprocessor. As ....
1667 words | 7 pages
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