After Intel Corp. posted generally weak financial results for the first quarter, the company also admitted that its sales will not grow too significantly in the second quarter as well due to weak market of personal computers. However, the world’s largest chipmaker said that its forthcoming energy-efficient code-named Haswell chips may help its partners to boost sales in the second half of the year thanks to improved laptops, new convertible form-factors and competitive prices.
“In the second quarter we will launch Haswell [family of microprocessors], enabling a new wave of ultra-sleek designs across multiple form factors by our customers. We believe the combination of an improving macro-economic environment, Haswell coming to the market; ultra-mobile form-factors like ultrabooks, convertibles, and tablets [as well as] touch-enabled devices leads to a return to growth in the second half of the year,” said Stacy Smith, chief financial officer of Intel, during a conference call with financial analysts.
Intel on Tuesday reported first-quarter revenue of $12.6 billion, operating income of $2.5 billion, net income of $2.0 billion and EPS of $0.40. The company generated approximately $4.3 billion in cash from operations, paid dividends of $1.1 billion, and used $533 million to repurchase 25 million shares of stock.
For the second quarter Intel expects revenue of $12.9 billion ± $500 million, which is slightly higher than the average seasonal increase, as the company expects some pipeline inventory replenishment due Haswell launch and in anticipation of a stronger second half.
It is noteworthy that since Intel intends to limit the Haswell sales till it gets the 8-series chipsets without erratum to the market in July, it does not predict significant improvement of sales in Q2, but points to rebound of sales only in Q3 – Q4, the second half of the year.
Tags: Intel, Business, Haswell, Core, 22nm, Ivy Bridge
Comments currently: 3
Discussion started: 04/17/13 11:30:30 AM
Latest comment: 04/19/13 11:27:36 AM
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Remember the PC stands for personal computer of any type, not the x86 system computers with Windows. If the total sales of personal computing devices are counted then there is a boom taking place. The market has spoken and said Ta-Ta to windows O/S. The commercial sector are disgusted by the antics of M/S who seem to be suffering from two distinct market segments demands. When M/S produced a Home and Professional version or completely incompatible O/S's everyone stayed in their own turf. Now what in the world does a business need with music downloads, digital camera interface. A basic no fuss O/s without bells and whistles is all that is required. A shop needs a stock and accounting O/S, On Office needs a Word processing and editing not an eye candy interface combined with general communication tools. An engineering co. needs a unit to work cad etc. These basic function which N/T and XP fulfilled exactly.
Reporters in news and online need a good word processing tool. These seem to have been forgotten and are so fundamental to the existence of the Windows Eco. system.
As I found after 40 years of running my own show "When all else fails go back to basics", It is so often that the Bling gets in the way of the original goals were. If it ain't broke don't fix it. Innovation for innovations sake seldom profitable.
04/17/13 11:30:30 AM]
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Now what in the world does a business need with music downloads, digital camera interface. A basic no fuss O/s without bells and whistles is all that is required. A shop needs a stock and accounting O/S, On Office needs a Word processing and editing not an eye candy interface combined with general communication tools.
Which is why iPads are not popular in business at all. Oh, wait....
04/19/13 11:27:36 AM]
I am still using desktops because I prefer them more than notebooks. I am never mobile, so desktops is what I use. I do not buy my desktops from Dell, HP, or any computer manufacture. I build my own computers from components like motherboards, CPU, memory, hard drive, chassis, power supply. If I am not going the integrated graphics route, I will use a discrete graphics card. The operating system that I use is Linux. I may use Windows, but it is getting to be an annoying OS to deal with.
Intel should include smartphones and tablets as PC sales. If Intel does this, they can get a better idea where to put their products better. All companies still thinks smartphones and tablets as mobile devices. I thought notebooks or laptops are mobile devices, so they should be in that category instead of PC. Smartphones and tablets are basically PC these days and they should not be any different to a notebook or desktop computer.
What I read and from the looks of Haswell, Haswell is not going to be a big performance upgrade, so people are going to wait until the microarchitecture after Haswell.
04/17/13 03:33:18 PM]
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