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.






29% of Dutch interested in customising subscription
Netherlands  |  March 2014

Calendar   /   Industry Events

28 Jul EE Q2 2014
28 Jul Gigoptix Q2 2014
28 Jul Meru Networks Q2 2014
28 Jul Sohu.com Q2 2014
28 Jul Ceragon Networks Q2 2014
29 Jul AudioCodes Q2 2014
29 Jul Internap Q2 2014
29 Jul Level 3 Q2 2014
29 Jul Orange Q2 2014
29 Jul Calix Q2 2014
29 Jul Digital Realty Q2 2014
30 Jul Sonus Networks Q2 2014
30 Jul KPN Q2 2014
30 Jul Telefonica Deutschland Q2 2014
30 Jul Akamai Q2 2014
30 Jul Ruckus Wireless Q2 2014
30 Jul Equinix Q2 2014
30 Jul Entropic Q2 2014
30 Jul Sprint fiscal Q1
30 Jul MobileIron Q2 2014
30 Jul Rovi Q2 2014
30 Jul Hrvatski Telekom Q2 2014
31 Jul Samsung Electronics Q2 2014
31 Jul HTC Q2 2014
31 Jul Sierra Wireless Q2 2014
31 Jul MediaTek Q2 2014
31 Jul PMC Q2 2014
31 Jul Vonage Q2 2014
31 Jul MTS Allstream Q2 2014
31 Jul TeleCommunication Systems Q2 2014
::: More Calendar Items