Intel Axes Pentium 4, Itanium Prices

24 Aug, 2004 at 10:35pm ET Article published in Tech

Intel slashed prices across its Pentium 4 and Itanium product lines this week as it prepares for its biannual developer conference in San Francisco at the beginning of September.

Intel usually cuts prices in the weeks before the introduction of a new product in order to make room at the top of its pricing structure for the new products. The company’s chips are generally priced according to a sliding schedule, with new product introductions bumping older chips down a pricing scale. The fastest Pentium 4 processor currently available, the Pentium 4 560 processor, now costs $417 in quantities of 1000 units. This is a 34.5 percent cut from its previous price of $637. Other Pentium 4 processors based on Intel’s new LGA775 (land grid array) packaging were also cut by anywhere from 33 percent to 18 percent, and Pentium 4 chips based on the company’s older packaging technology saw similar price cuts.

Source: PC World

Comments

24 Aug 2004 ~ 11:04pm muddocktor Heh, I just love that; they just cut the price on a processor that is rare as hen's teeth (P4-560). I kind of doubt that 1000 of those have even hit the retail channels yet, since they are totally off the radar screen since their introduction. If you aren't Dell or some other majar oem, you are screwed even trying to find one for any price. :shakehead
25 Aug 2004 ~ 8:15pm Komete If you ask me I think they didn't Like AMD getting more market share and making a nice profit to boot. I would expect AMD to start slashin before the week is out.
25 Aug 2004 ~ 8:57pm danball1976 Pentium 4 560? What is that? Is it a model number or a typo on the speed?
25 Aug 2004 ~ 9:10pm mmonnin Its a model #, intel went the AMD route.
25 Aug 2004 ~ 9:34pm danball1976 Oh, yeah, I remember now. Intel is feeling the pressure from AMD