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Intel sales, profits slide for 2012, but data center business growing

2013-01-17 23:58:01| InfoWorld: Top News

Intel saw sales and profits drop in 2012, as the company was hit by a slide in demand for personal computers and its continued inability to make it big in the smartphone and tablet markets, but its data center business continued to grow. The world's biggest chip maker reported revenue of $53.3 billion for the year, down 1.2 percent compared with 2011, and posted net income of $11 billion, down 15 percent.

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