Intel: no notebook price cuts before the end of May

From Digitimes -

Intel has notified its partners that it will not reduce prices for any of its notebook lineup before the end of May. Following a drop in net income for Q4 2008, Intel was widely expected to reduce prices for some of its notebook products to boost market demand in the first quarter, even though this would impact notebook players still carry large inventories. But Intel has decided to start to reduce the price of some notebook CPUs by 13-40% in June. The company will also adjust the launch schedule of its next generation Calpella platform based on its partners' inventory status and market demand.