0
General

Intel sees further drop in sales on slow PC market

Friday 18 January 2013 | 09:07 CET | News

Intel reported fourth-quarter revenues of USD 13.5 billion, down 3 percent from a year earlier and slightly below its guidance of USD 13.6 billion. Its gross margin fell to 58.0 percent from 64.5, and operating profit was down 31 percent year-on-year to USD 3.2 billion. Net profit declined 27 percent to USD 2.5 billion, and EPS was down 25 percent to 48 cents. 

Revenues from the PC division fell 6 percent to USD 8.5 billion, while the data centre division grew by 4 percent to USD 2.8 billion. Revenue from other Intel products was down 7 percent to USD 1.0 billion. The company generated USD 6 billion in cash from operations, paid dividends of USD 1.1 billion and used USD 1.0 billion to repurchase 47 million shares of stock.

Intel CEO Paul Otellini said the market remained challenging. First-quarter revenues are forecast to drop to USD 12.7 billion, with a gross margin of 58 percent. Over the full year 2013, Intel expects a low single-digit increase in revenues and margin around 60 percent. 


Categories: General
Companies: Intel
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.






86%
of Dutch consumers have heard of Netflix
Netherlands  |  2014 Q2

Calendar   /   Industry Events

27 Oct Twitter Q3 2014
27 Oct Meru Networks Q3 2014
27 Oct Net Insight Q3 2014
27 Oct PMC-Sierra Q3 2014
27 Oct Ooredoo Q3 2014
27 Oct Telecoms Social Network Summit
28 Oct KPN Q3 2014
28 Oct Grameenphone Q3 2014
28 Oct Digital Realty Q3 2014
28 Oct Harris Corporation Q1 2014/25
28 Oct Telio Q3 2014
28 Oct Extreme Networks fiscal Q1
28 Oct T-Mobile US Q3 2014
28 Oct Facebook Q3 2014
28 Oct Internap Q3 2014
28 Oct Synchronoss Q3 2014
28 Oct Inphi Q3 2014
28 Oct Extreme Networks Q3 2014
28 Oct AppliedMicro Q3 2014
28 Oct WIFI World Summit
28 Oct Powering the Cloud
28 Oct Rich Communication 2014
29 Oct Telenor Q3 2014
29 Oct STMicroelectronics Q3 2014
29 Oct Glu Mobile Q3 2014
29 Oct JDSU Q3 2014
29 Oct Arris Q3 2014
29 Oct Peregrine Semiconductor Q3 2014
29 Oct TE Connectivity Q3 2014
29 Oct Myanmar Mobile Services
::: More Calendar Items