Intel Quarterly Report: Needs to Do Better
October 22, 2012
Intel announced its quarterly results a couple of days ago. They had previously downgraded 3rd quarter sales estimates but they managed to beat the downgraded numbers. If you look at the transcript of the call (I didn't listen live) you'll see very little mention of mobile and Atom. This is bad news for Intel. Its core business is the PC and the PC business is going nowhere. Not going away but it is not going to be the catalyst for future growth.
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