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Intel sees PC market stabilise, tablet growth continues
2014-04-16 08:44:00| Telecompaper Headlines
(Telecompaper) Intel reported first-quarter revenue of USD 12.8 billion, up slightly from USD 12.6 billion a year earlier but 8 percent lower compared to the fourth quarter. The result was in line with the company's guidance. Its gross margin dropped to 59.7 percent from 62.0 in the previous quarter, and operating profit declined 29 percent on a sequential basis to USD 2.5 billion. Net profit totaled USD 1.9 billion or 38 cents a share, down from 2.0 billion or 40 cents a share a year ago. Intel said it saw signs of improvement in the PC market in Q1, while the data centre and tablet businesses remained strong. After shipping 5 million tablet processors in Q1, Intel said it was on track to meet its annual target of 40 million. The PC Client Group posted revenue of USD 7.9 billion in Q1, down 8 percent sequentially and down 1 percent year-over-year. Data Center Group revenue was down 5 percent sequentially bu 11 percent higher year-on-year, at USD 3.1 billion. Mobile and Communications Group revenue reached USD 156 million, down 52 percent from Q4 and 61 percent lower year-over-year. Software and services generated revenue of USD 553 million, down 6 percent sequentially but up 6 percent year-over-year.
Tags: market
growth
continues
intel
A Green Group Sees Hope in The End of Chinas Coal Boom
2014-04-15 22:12:00| Climate Ark Climate Change & Global Warming Newsfeed
New York Times: Through much of its history, Greenpeace has been big on what I call woe is me, shame on you messaging on the environment. As I explained at a TEDx event in Portland, Ore., over the weekend, fingerpointing (including Greenpeaces) is appropriate in many instances, but doesnt work well with human-driven global warming. The blame game too often ends up resembling a circular firing squad. This is why The End of Chinas Coal Boom, a valuable new report from Greenpeaces East Asia office, is so refreshing...
SWEDEN: Hennes & Mauritz sees March sales climb
2014-04-15 16:36:33| Daily apparel & textile news and comment - from just-style.com
Swedish apparel giant Hennes & Mauritz has booked an increase in revenues for the March period.
UK: City sees "no quick fix" for Debenhams
2014-04-15 14:30:00| Daily apparel & textile news and comment - from just-style.com
There is "no quick fix" for Debenhams, according to one analyst, after the UK department store retailer saw its first-half profit decline by almost a quarter.
Red Hat Sees Unusually High Options Volume
2014-04-15 03:37:03| Apparel - Topix.net
Red Hat was the recipient of unusually large options trading activity on Monday.
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