Time catches up with Intel
 

Chipmaker turned fashion bag maker Intel, has said it expects no revenue growth in 2014.

On the face of it, the weak forecast is because of a drop in sales of PCs, others claim that Chipzilla is suffering because it failed to see the rise of mobile fast enough. But actually it was probably a combination of factors including a lack of ideas or a desire to wake up and smell the coffee which is contributing to Intel's pain.

Revenues at Intel's division which makes chips for desktop computers fell four percent in 2013, from a year ago. However, all the while Intel was telling the world that there had been signs in the past few months that the PC sector was "stabilising". Any five year old would have told you that unless something changed, that was untrue.

http://news.techeye.net/chips/time-c...-up-with-intel