Diane Alter
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PCs Are So Yesterday
By Diane Alter - January 25, 2013 | Tickers: AAPL, ARMH, INTC |
The significant slump in the sale of personal computers is seriously chipping away at Intel’s (NASDAQ: INTC) profits.
The world’s leading maker of semiconductors, which grew by leaps and bounds by supplying chips to computer makers around the globe, now has a chip on its shoulder: personal computer chips. The Santa Clara-based company recently reported fourth quarter earnings of $2.5 billion, or 48 cents a share. That more »