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Intel said it cut its first quarter outlook because of "weaker than expected demand for business desktop PCs and lower than expected inventory levels across the PC supply chain."
Several recent forecasts have hinted at comebacks for the PC industry, but the latest IDC forecast maintains a much more conservative outlook.
The global market research firm adjusted its outlook for PC shipment declines toward the positive end of the spectrum -- but just by a smidge.
Intel's third quarter results should deliver, but the outlook is where things get tricky. Selling chips into a Windows 8.1 hardware cycle is easy. Getting consumers to buy may be a different game entirely.
Despite posting a record net profit and revenue in Q2, Taiwan Semiconductor Manufacturing Company is warning of flat margins in Q3 and an inventory build up.
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IDC picks up the baton from Gartner and IHS iSuppli with a pessimistic outlook for the global PC market -- with a notable difference.
The bigger question here is whether technology buyers---consumer and corporate---are going to have much patience for Wintel trial and error as the PC and tablet experiences come together.
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The increasing use of smartphones and tablets for personal computing tasks is leading users to put a "personal cloud" at the centre of their digital lives, according to Gartner Inc. Where once they would have centralised their data on a PC, probably by synchronising with Microsoft Outlook, they will increasingly synchronise their data using cloud-based services.
HP reports better-than-expected first quarter earnings, but sales fell short of expectations. It is bracing itself with worse outlook amid poor PC sales.
HP CEO Meg Whitman said that the company is "taking the necessary steps to improve execution."
The PC maker reported flat revenue growth in its third quarter, while forecasting sluggish revenue growth for the rest of the year
Outlook for 2011's PC growth reduced to 3.8 percent from 9.3 percent due to economic upheaval in U.S. and Western Europe and changing consumer priorities, says Gartner.
The second quarter saw AMD boost its share of the global processor market, while Intel lost ground, according to IDC, which has cut its PC chip outlook for the year
Hewlett-Packard CEO Leo Apotheker is having a bad day. The company cut its outlook for the second consecutive quarter and HP is quickly falling out of Wall Street's good graces. Apotheker's challenge: invest in the long term, fix HP Services, weather a consumer PC meltdown and hit quarterly targets.
Hewlett-Packard has cut its outlook for the fiscal year as the company's PC and services businesses struggle.
Despite increase, shipment and revenue of PC CPUs actually underperformed in third quarter, but outlook for fourth quarter remains positive, analyst maintains.
Steve Jobs appeared as a special guest on today's earnings conference call with analysts, making a statement about its competitive forces and fielding questions from analysts about the growth potentials and his outlook on market shifts.The company reported a strong fourth quarter, generating more revenue than Google does in a full year, boasting record sales of iPhones and a strong start to a category that it pretty much owns: the tablet PC.
Just weeks after an upbeat assessment about its prospects, chip giant Intel cut its revenue outlook for the third quarter based on weak demand for consumer PCs.
Global PC microprocessor shipments saw a healthy rise in the second quarter, though the outlook is cautious for the third quarter, IDC said.
Intel's second quarter shined as the company's earnings and revenue handily topped estimates. The company also delivered an upbeat outlook for the rest of the year and said the PC and server upgrade cycle is alive and well.