Intel's sales are falling at a rate that blindsided the chip maker's management, amplifying Wall Street's worries about the slumping personal computer market and the frail economy.
Sunday, September 9, 2012
Intel sales expected to drop 7% in quarter, pushing stock lower
The chip maker says its third-quarter revenue will fall below estimates, reflecting lackluster demand for new PCs.
Intel's sales are falling at a rate that blindsided the chip maker's management, amplifying Wall Street's worries about the slumping personal computer market and the frail economy.
Intel's sales are falling at a rate that blindsided the chip maker's management, amplifying Wall Street's worries about the slumping personal computer market and the frail economy.
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