Friday, September 7, 2012

Intel cuts its sales forecasts

Intel logo

The company said that reduced demand for computers from individuals and businesses was hitting its revenue.

It now expects third quarter revenue of between $12.9bn and $13.5bn (£8.1bn to £8.4bn) down from its previous estimate of $13.8bn to $14.8bn.

That sales forecast had already been cut in July.



Source & Image : BBC

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