Intel hit by PC shift, IBM faring better
- 11 years ago
Some of the biggest technology names are suffering because of the shift to mobile computing from traditional PC-based systems.
Intel's shares tumbled after the world's largest maker of microchips for PCs cut its full-year revenue forecast based on flat sales.
It reported a 29 percent drop in second quarter profit and plans to reducing capital spending.
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http://www.euronews.net/
Intel's shares tumbled after the world's largest maker of microchips for PCs cut its full-year revenue forecast based on flat sales.
It reported a 29 percent drop in second quarter profit and plans to reducing capital spending.
...
http://www.euronews.net/