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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, April 15, 2009

Intel's Sales Slide

Intel said that sales of its Atom microprocessors and chipsets, which are designed for use in netbooks and other mobile Internet devices, fell 27% in the first quarter of 2009, compared with the fourth quarter of 2008, to 219 million US dollars.

More broadly, Intel's Mobility Group, which supplies chipsets to the laptop and mobile device market, saw its revenues fall 21% in the first quarter compared with the same period in 2008 to 2.91 billion US dollars.

Citing continued economic uncertainty, Intel declined to give a company revenue forecast for the second quarter of 2009, but said "for internal purposes" it is planning on revenue of about $7.1 billion US dollars, which would amount to a decline of 25% on the second quarter of 2008. Intel's revenue fell 26% year-on-year in the first quarter of 2009. source: Intel statement

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