Processors Price Cuts for Holiday Season
WinInfo | at | by Mike
Both Intel Corporation and Advanced Micro Design (AMD) announced steep price cuts for their microprocessor products this week, aimed at rejuvenating PC sales for the crucial holiday season. Processor price cuts are nothing new--both companies regularly reviewing and change pricing--they've been coming more quickly in recent months as the economy has weakened and PC sales forecasts have plummeted. Intel's price cuts are the most dramatic, hitting at the heart of the company's fastest desktop processors, the Pentium 4 line. The high-end 2 GHz Pentium 4 was reduced 29 percent to $562, while other Pentium 4 chips running at 1.9 and 1.8 GHz were reduced by 27 and 12 percent, respectively. Intel's upscale Xeon processors also saw a price reduction, with the 2 GHz part dropping 26 percent to $455. The company also cut prices on four of its Pentium III chips, which are being phased out soon.