Max Norris Posted July 16, 2014 Share Posted July 16, 2014 Intel reported better than expected second quarter earnings today, buoyed on stronger than expected sales from its PC client, data center, and internet of things groups. The company also offered up a forecast for its next quarter that came in ahead of what many were expecting, suggesting a recovery for what's been a declining PC business. Intel reported second quarter earnings of $2.8 billion, or 55 cents per share on revenue of $13.8 billion. Wall Street was expecting earnings of 52 cents on revenue of $13.7 billion. Leading the way, as usual, was the company's PC client group, which pulled in $8.7 billion in revenue and set a new quarterly record for unit sales. Last month, the company tipped its hand that stronger than expected PC demand would add an extra $700 million to its quarterly revenue, the first increase for that group since late 2009. On an earnings call with analysts following the news, Intel attributed the surge of PC chip buying to a variety of factors: from some 600 million systems being four years or older, new prices for its chips, and Microsoft's retirement of Windows XP. The company added that it sees this trend lasting through the rest of this year, though would not weigh in on if it expects it to continue beyond that. Not so hot was the company's mobile and communications group, which plummeted. This quarter it brought $51 million in revenue, down 67 percent from last quarter and 83 percent from the same quarter the year before. Earlier this year, Intel said it was beginning to see what its CFO Stacy Smith referred to as "strong tablet growth," an area where the company was late to offer up chips that competed with processors from ARM. Today, Intel said it was "on track" to meet a goal of getting its chips into 40 million tablets, shipping 10 million of those during this quarter. The company also said that its first 14 nanometer Broadwell chips would be available for the holidays. Intel said its upcoming third quarter will bring in $14.4 billion in revenue, which could go up or down by $500 million. On average, analysts were expecting Intel to forecast $14 billion. Intel is among the first technology companies to report its earnings this month. Yahoo also reported today, and Google reports later this week. Guess the "PC is dead" forecast was a bit off. MorganX, Phouchg and The Evil Overlord 3 Share Link to comment Share on other sites More sharing options...
Phouchg Posted July 16, 2014 Share Posted July 16, 2014 Phouchg likes this. To no end. This all being that H-R desktop parts didn't bring anything useful except Devil's Canyon to the market and Wildcat being basically a shameless rebrand of Lynx with occassional Sata-Express and thingamajigs bolted on for high-end SKUs, so people have any reason at all to get them. LimeMaster 1 Share Link to comment Share on other sites More sharing options...
PGHammer Posted July 16, 2014 Share Posted July 16, 2014 Hardware still fails, and thus needs to be replaced. (I had a Dell Optiplex GX270 come in for a look; turns out the CPU fan failed. The bigger issue is that the FAN is proprietary, and thus CANNOT be replaced with an off-the-shelf alternative CPU fan. "For want of a fan", basically.) Replacing such hardware merely with i3 - let alone i5 or i7 - would be a massive compute power per seat increase in businesses. I'm still waiting for the per-SKU sales numbers, which likely won't show up for this quarter until next quarter - at most, we have "whisper numbers", which I take with a grain of salt. Link to comment Share on other sites More sharing options...
Jack 0Neill Posted July 17, 2014 Share Posted July 17, 2014 what source? Link to comment Share on other sites More sharing options...
MorganX Posted July 17, 2014 Share Posted July 17, 2014 Phouchg likes this. To no end. This all being that H-R desktop parts didn't bring anything useful except Devil's Canyon to the market and Wildcat being basically a shameless rebrand of Lynx with occassional Sata-Express and thingamajigs bolted on for high-end SKUs, so people have any reason at all to get them. Wait till Skylake next year. I will def be upgrading MOBO/CPU/MEM and switching external storage to Thunderbolt 2. Link to comment Share on other sites More sharing options...
Max Norris Posted July 17, 2014 Author Share Posted July 17, 2014 what source?Whups. I blame a mild case of derpism when I posted it. http://www.intc.com/releasedetail.cfm?ReleaseID=859875 http://www.theverge.com/2014/7/15/5902375/intel-surges-to-record-chip-sales-buoyed-by-strong-pc-sales Jack 0Neill 1 Share Link to comment Share on other sites More sharing options...
Jack 0Neill Posted July 17, 2014 Share Posted July 17, 2014 thanks mate Max Norris 1 Share Link to comment Share on other sites More sharing options...
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