Intel Lowers Q1 Revenue Forecast By $900M To $12.8B Amid PC Sales Slump
The shift away from desktop PCs to smartphones and other smaller computing devices is having a big impact on a major player in the PC market. Chipmaker Intel today lowered its revenue expectations by $900 million for its Q1 earnings that will come out on April 14. It now says Q1 sales will be $12.8 billion, “plus or minus $300 million,” versus earlier guidance of $13.7… Read More
