All the latest UK technology news, reviews and analysis

Intel's PC business hammered as shift to mobile intesifies

18 Jan 2013
Intel logo

Intel has slump in profits, as the IT industry shifts inexorably towards mobile computing, with the chip giant's PC business hit particularly hard.

Intel said it sales for 2012 hit $53.3bn, down 1.2 percent of the previous year. Profits were $11bn, 15 percent lower than 2011's $12.9bn.

Meanwhile, sales in its PC group fell three percent to $34.3bn for the year. This slump was exacerbated when looking at Intel quarterly results.

Sales for its quarter ending 29 December 2012 were $8.5bn compared to $9bn in the year-ago quarter - a six percent drop.

Worse still, these quarterly results were delivered after Microsoft had released the latest version of its Windows operating system, which would typically be expected to deliver a boost to PC sales.

Intel noted that other areas of its business saw growth on the year. The datacentre group noted a six percent rise in full-year sales totalling $10.7bn. On the quarter, the datacentre group sales jumped four percent over the same period last year, to $2.8bn.

"We made tremendous progress across the business in 2012 as we entered the market for smartphones and tablets, worked with our partners to reinvent the PC, and drove continued innovation and growth in the data centre," said Intel chief executive Paul Otellini.

"As we enter 2013, our strong product pipeline has us well positioned to bring a new wave of Intel innovations across the spectrum of computing."

Sagging PC sales have plagued much of the PC industry throughout the year. Gartner recently reported that worldwide sales are down some 4.9 percent on the year. Aside from a small group of vendors, nearly all PC manufacturers are seeing sales dip.

While lingering economic troubles have slowed demand for new PCs, the growth of the tablet sector has also been credited in large part for driving down traditional PC sales.

  • Comment  
  • Tweet  
  • Google plus  
  • Facebook  
  • LinkedIn  
  • Stumble Upon  
Shaun Nichols

Shaun Nichols is the US correspondent for He has been with the company since 2006, originally joining as a news intern at the site's San Francisco offices.

More on Finance
What do you think?
blog comments powered by Disqus

Microsoft Azure outage

Is cloud computing reliable enough for business yet?

Popular Threads

Powered by Disqus
iPhone 6 is available in silver gold and space grey

iPhone 6 video review

The best iOS handset to date

Updating your subscription status Loading

Get the latest news (daily or weekly) direct to your inbox with V3 newsletters.

newsletter sign-up button

Getting started with virtualisation

Virtualisation can help you reduce costs, improve application availability, and simplify IT
management. However, getting started can be challenging


Converting big data and analytics insights into results

Successful leaders are infusing analytics throughout their organisations to drive smarter decisions, enable faster actions and optimise outcomes

Front End Developer - Drupal Themer - Contract

Front End Developer - Drupal Themer, 3 month contract...

Space Planning Assistant

Central London (Regent campus) Fixed Term until...

Xamarin Mobile Developer

We’re looking to recruit an innovative thinker who is...

Service Desk Analyst

Role summary As a Service Desk Analyst you will be...
To send to more than one email address, simply separate each address with a comma.