Intel’s revenue slightly down Intel’s first quarter 2003 earnings were slightly down compared to the same period last year, as higher demand for its processors was offset by lower demand for its flash memory products. However, the company did manage to exceed Wall Street’s expectations for the quarter. Revenue for the first quarter was $US6.75 billion, down slightly from $US6.78 billion in the first quarter of 2002. Net income was $US915 million, down from $US936 million a year earlier. Earnings per share were $US0.14. Analysts surveyed by Thomson First Call had predicted Intel would post earnings per share of $US0.12 and revenue of $US6.69 billion. Second-quarter revenue was expected to fall between $US6.4 billion and $US7, although Intel hedged its predictions by noting in its release that “continued uncertainty in global economic conditions makes it particularly difficult to predict product demand and other related matters.”
SCO launches Linux OS The SCO Group has released its new SCO Linux Server 4.0 operating system for Intel Itanium 2 processors, taking on competitors Red Hat and SuSE Linux AG in the Linux-on-Itanium market. Utah-based SCO said its new enterprise-level operating system emphasised stability, security and worldwide support, while providing corporate IT users with robust security auditing and management tools, scalability, high availability and clustering capabilities. Based on UnitedLinux 1.0, SCO Linux Server 4.0 includes 12 months of the SCO Linux Update Service for patches and other software updates. The new operating system uses the Linux 2.4.19 kernel. With its new system, SCO is a little late to the Linux on Itanium 2 market. Last September, US Linux server operating system sales leader, Red Hat, announced a deal with HP to sell HP Itanium 2 systems with Red Hat Advanced Workstation for Itanium 2 (now known as the Red Hat Enterprise Linux WS operating system). And, late last month, SuSE Linux AG debuted its Linux operating system for Itanium 2 when it released SuSE Linux Enterprise Server 8.