The Traderszone Network

Published in TZ Latest News 15 January, 2015 by The TZ Newswire Staff

Intel forecasts disappointing revenue; shares fall

Revenue from its mainstay PC business fell about 3 percent to $8.9 billion in the fourth quarter from the prior quarter, raising doubts about a long-anticipated recovery of the personal computer business. “In 2015 we’re predicting kind of flat, nothing spectacular but stable, is how I would call it,” Intel Chief Financial Officer Stacy Smith told Reuters in an interview.

read more