This is a short summary of the paper
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Intel
Start of Term 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 .... Middle of Term Paper
... also grew.
Cost of sales increased by 40% from 1994 to 1995 and by 71% from 1993 to 1994.
The growth in cost of sales from 1993 to 1995 was driven by Pentium
microprocessor 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 ... |
| Number of Words: 1667 |
Approximate Pages: 7 |
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