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Intel: Windows XP replacements and PC purchases are slowing

Intel Corp. on Thursday said that its revenue in the first quarter of its fiscal year will be lower than anticipated. The company reduced revenue outlook by about $1 billion. The world’s largest chipmaker blamed slower than expected replacements of Windows XP-based PCs by businesses as well as challenging macroeconomic …

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Intel reports strong results as sales of PCs improve

Intel Corp. on Tuesday disclosed its financial results for the second quarter of the year. The company reported revenue of $13.8 billion, net income of $2.8 billion and gross margin of 64.5 per cent. As expected, Intel’s results improved because of better sales of personal computers and continued strong sales …

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