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New Intel chief sees $150 Atom tablets this year
2013-07-18 18:26:43| InfoWorld: Top News
Upcoming Atom chips from Intel will appear in tablets priced as low as $150, the company's CEO said Wednesday, vowing that Intel will not get caught flat footed again by "the next big thing." Intel's low-power Atom chips are vital to its plans to recover ground in the mobile PC market, where sales of traditional laptops are falling and Intel has largely ceded the tablet space to rivals like Samsung Electronics and Qualcomm.
Intel Corp. (INTC) Announces Quarterly Earnings, Meets Expectations
2013-07-18 15:16:36| Agriculture - Topix.net
Intel Corp. released its earnings data on Wednesday. The company reported $0.39 earnings per share for the quarter, meeting the consensus estimate of $0.39, StockRatingsNetwork.com reports.
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Intel misses profit estimates as it shifts toward ultramobiles
2013-07-18 12:30:00| InfoWorld: Top News
Intel missed analyst estimates for the second fiscal quarter, reporting slightly lower profits, plus revenue that climbed just 2 percent versus a year ago. Intel reported profits of $2.0 billion, down 2 percent from a year ago, on second-quarter revenue of $12.8 billion, up 2 percent from the same period.
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Intel lowers outlook as PC market slows more than expected
2013-07-18 07:58:00| Telecompaper Headlines
(Telecompaper) Intel has lowered its full-year outlook as the PC market slows more than expected. The world's largest chipmaker now expects flat revenues for 2013, after earlier forecasting a small increase, and cut its gross margin forecast to around 59 percent from 60 percent previously. In the second quarter, Intel reported revenues of USD 12.8 billion, up 2 percent on a sequential basis in line with its forecast but down 5 percent from a year earlier. PC Client revenues rose 1.4 percent from Q1, helped by a modest increase in inventory stocking and Haswell-based products, and data centre revenues were up 6.1 percent sequentially. The gross margin improved 2.1 percent compared to the first three months of the year to 56.8 percent. Operating profit fell 29 percent year-on-year to USD 2.7 billion, and net profit was also down 29 percent to USD 2.0 billion or USD 0.39 per share.
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New Intel CEO reiterates: $300 laptops on the way
2013-07-18 00:47:42| CNET News.com
Intel is going to focus more on its mobile Atom chips and push into low-cost markets, its new chief executive says. [Read more]
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