Intel is the latest company to report sagging sales in its PC hardware business as the market struggles in the face of demand for tablets.
Overall, Intel saw revenues for the quarter hit $13.5bn, the same as the previous quarter in 2012, but down on the same period in 2011 where Intel posted a record $14.3bn.
Intel posted profits of $3bn for the quarter, down from the $3.7bn income recorded in the third quarter of 2011.
The main hit came in its PC Client Group, where revenues were down by eight percent over the same period last year at $8.6bn.
Its architecture group also saw revenues down by 14 percent year-on-year at $1.2bn. However, its datacentre group was up six percent at $2.7bn, reflecting one area of good news for the firm.
"Our third-quarter results reflected a continuing tough economic environment," admitted Intel chief executive and president Paul Otellini.
But he attempted to paint a rosy outlook ahead of the Windows 8 launch.
"The world of computing is in the midst of a period of breakthrough innovation and creativity," he added.
The report adds Intel to a growing list of firms who have taken a hit as the PC market in general remains slow. Customers such as HP have warned of losses being sustained by their PC business units.
Analysts said that the Intel-backed ultrabook market has seen a particularly poor return as the company and its OEM partners have come under fire for what pundits call a 'disappointing' 2012 campaign.
The entire computing sector is hoping to see a boost in sales in the coming months as Microsoft's Windows 8 reaches the market and the holiday buying season prompts consumers to update their systems.
The enterprise market is not expected to migrate to the platform in earnest until Redmond's first major stability and security updates are posted, though.
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