Intel warns again, trims target in face of slumping PC demand

Apple StoreIntel (INTC) released another revenue warning today in the face of slumping PC demand.

The company has reduced thier Q4 sales estimates twice over the last two months.

Intel now expects fourth-quarter sales of $8.2 billion, a decline of 23% year-over-year.

The Santa Clara-based company is expected to post Q4 results on Jan 15.

[Thanks to MacDailyNews Reader “Judge Bork” for the heads up.]

14 Comments

  1. Marco Macro,

    Read the related article, dunce:

    What part of the following don’t you understand?

    “Apple Mac surges as PC demand shrinks; 1 in 3 buyers plan to buy Apple Mac in next 90 days” – December 10, 2008

  2. Atom chips are cheaper than Core Duos and generate less revenue for Intel. So, revenue estimates can be down 23% while chip shipments can be flat or up slightly. We have seen PC shipments up the last couple months, as reported by several tracking firms. Of course, mfrs/oems could be running down inventories.

  3. Marco Marco,

    They did release a new machine, it’s a 17″ laptop. They’ve announce Snow Leopard, they are still moving forward. I for one will be buying a few newer machines as soon as Snow comes out because my older machines won’t be able to run it. Until then, the newer machines I have work fine as do my older ones.

    Flat? Maybe but flat sales is not the same as going down.

  4. @Marco Macro:

    I’d like to know from what crystal ball you pulled this out of: “It will survive but it won’t be growing in 2009.”

    Please, prove your prognosticating prowess by actually predicting something correctly. It’s been less than a full 7 days into the new year, and you already determined that apple will not be growing…WOW! I’m sure you have those lucky numbers, right?

  5. Considering the economic funk sweeping the world, Apple is better placed to ride this storm through to the future recovery than just about anyone. Money in the bank. No debt. Good product mix. Customer base with above average income. The major risk is its supply chain.

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