Condemning the consumer PC sales in ‘mature markets’, for the $1 billion plus reduction in its anticipated proceeds, Intel says that its revenues was likely to range as low as $10.8 billion and could even reach $11.2 billion or near to it.

The third quarter earnings report, due to release on 12 October, will put forth revenue, which is likely to be less by over $1 billion, a statement suggests. It also cautions about the other risks that could further slow down growth.

The prediction made earlier for its third quarter had established that this revenue would float somewhere around $12 billion, or even $11.6 billion plus or minus $400 million. This prediction had been made in its July 13 report.

The second generation of its 32nm scale products, which is Sandy Bridge, is currently seeing process technology execution issues and this is likely to depress the third quarter results even more. The products in Intel’s Core series are considered to be first generation.

"The Core i5 and i3 are 32nm but the graphics part is at 45nm, Sandy Bridge is all 32nm and we are shipping for customer sampling later this year”, said Intel.

These second generation laptop chips, it is being said, will be able to play Blu-ray 3D movies and also preserve battery life, say reports. The users will no more have to buy a separate graphics processor for the same. Dean McCarron, principal analyst at Mercury Research, asserts that graphics performance is seen to double with a shift in every generation.