Intel warns again, trims target in face of slumping PC demand
Wednesday, January 07, 2009 - 01:49 PM ESTIntel (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.]
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