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Intel cuts Q1 revenue outlook on weak PC market

Thursday 12 March 2015 | 15:10 CET | News
Intel has cut its outlook for revenues in the first quarter, citing a weak business market for desktop PCs and supply chain shortages in the PC industry. The world's largest chipmaker now expects revenue of USD 12.8 billion for Q1, plus or minus USD 300 million, compared to the previous forecast of USD 13.7 billion, plus or minus USD 500 million. Intel said the weaker market may be due to slower Windows XP replacements in the small business market than previously expected, as well as the "increasingly challenging macroeconomic and currency conditions, particularly in Europe". The company

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Categories: IT / Mobile & Wireless
Companies: Intel
Countries: World
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