Monday September 21, 2020

Intel sales hit by falling PC demand

Intel, which employs over 4,000 people in Kildare, has slashed its third-quarter sales prediction amid declining demand for personal computers.

7th September, 2012
Intel's sales have been hit by falling PC demand

Intel, which employs over 4,000 people in Kildare, has slashed its third-quarter sales prediction amid declining demand for personal computers from corporate customers in a weakening economy.

Sales will be $12.9 billion to $13.5 billion, down from a prior projection of $13.8 billion to $14.8 billion, the California-based company said in a statement today. Analysts on average had estimated sales of $14.2 billion, according to data compiled by Bloomberg.

PC makers are reducing orders for Intel’s chips at a time of...

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