http://www.nytimes.com/2013/04/17/technology/intel-profits-fall-as-pc-slump-cuts-demand-for-chips.html
Intel's quarterly profit has fallen by 25%. It went from $2.74 billion to $2.05 billion. Intel mainly deals in PC chips and due to the recent rise of smartphone and tablet usage, the sales of PCs have fallen significantly.
Intel's CEO is retiring in May and is unsure of Intel's ability to compete across the computer market.
However, the company is still banking on the success of their new generation chips for hybrid and tablet computers.
Intel's quarterly profit has fallen by 25%. It went from $2.74 billion to $2.05 billion. Intel mainly deals in PC chips and due to the recent rise of smartphone and tablet usage, the sales of PCs have fallen significantly.
Intel's CEO is retiring in May and is unsure of Intel's ability to compete across the computer market.
However, the company is still banking on the success of their new generation chips for hybrid and tablet computers.
Short the hell out of intel, firstly. Secondly, you do have a very good point that smart phones are killing the PC market. The move for Intel would be to work with makers like Blackberry, Apple, and Samsung to develop a core processor for their phones. This would increase the speed of phones and benefit that market. The PC market is not dead, it is just too easy to buy a table that is much more portable and can perform the same tasks as a PC.
ReplyDeleteIntel is a sad case of failing to get a ride on the innovation train - now it lags behind many consumer electronic companies. This is not only the case in the tablet/PC market, but in the mobile chip manufacturing market as well. Qualcomm and Cisco are reaping the benefits of signing contracts with the likes of Apple, Samsung, and (HTC) to manufacture the chips in their products.
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