Intel's Difficult Year And What's Ahead
By:
Forbes Real Time
Dominating the PC microprocessor market for the last two decades, Intel’s growth has slowed down recently on account of weakness in the global PC market. The company reported its full year 2012 earnings on January 17 with 1.2% and 15% declines in annual revenue and net income, respectively. However, Intel generated approximately $18.9 billion in cash from its operations highlighting that it is managing its operations well amid macro weakness.
Dominating the PC microprocessor market for the last two decades, Intel’s growth has slowed down recently on account of weakness in the global PC market. The company reported its full year 2012 earnings on January 17 with 1.2% and 15% declines in annual revenue and net income, respectively. However, Intel generated approximately $18.9 billion in cash from its operations highlighting that it is managing its operations well amid macro weakness.
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