It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Intel PC sales slump Intel PC sales slump
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Intel PC sales slump
Reply
 
Thread Tools
Old 16th April 2015, 05:36   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,095
Stefan Mileschin Freshly Registered
Default Intel PC sales slump

Intel had no good or bad surprises for the cocaine nose jobs of Wall Street yesterday and the thought is that things could have been a lot worse.

However it did indicate that it would be cutting capital expenditure this year.

Wall Street had expected things to be bad. Intel hit the drastically lower revenue forecast it offered for itself last month, but investors breathed a sigh of relief that the company, which is struggling with shrinking demand for PCs, did not have any more bad news.

Intel forecast current quarter revenue of $13.2 billion, plus or minus $500 million, based on expectations of stronger demand for its personal computer chips and continued strength in its data centre business. Analysts were expecting $13.51 billion.

For the full year, Intel forecast flat revenue, also in line with Wall Street’s estimates.

Intel said it would cut 2015 capital expenditures to $8.7 billion from $10 billion, a reduction that analysts said should improve free cash flow.

Intel reported revenue of $12.8 billion for the first quarter, ended March 28, flat compared to a year ago and slightly below analysts’ average estimate of $12.9 billion.

http://www.techeye.net/business/intel-pc-sales-slump
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tablet shipments set to slump Stefan Mileschin WebNews 0 17th February 2015 07:35
Global Tablet sales slump Stefan Mileschin WebNews 0 6th August 2013 13:23
Manufacturer caught in crossfire as iPad Mini demand continues to slump Stefan Mileschin WebNews 0 9th May 2013 09:29
PC slump might well have a silver lining Stefan Mileschin WebNews 0 15th April 2013 07:50
IDC blames carbon tax for Aussie PC Slump Stefan Mileschin WebNews 0 26th June 2012 07:17
Intel Core i7 Sales Stay at 1% jmke WebNews 0 14th May 2009 14:47
Intel X48 chipset may hurt X38 sales jmke WebNews 0 16th October 2007 10:54
DRAM sales slump as Dramurai play musical chairs Sidney WebNews 0 3rd August 2005 17:50
Intel Motherboard Sales Still Not Doing Good jmke WebNews 1 15th July 2005 18:53
IBM to cut thousands of jobs after mainframe slump Sidney WebNews 0 17th April 2005 05:33

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 15:18.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO