Quick Take With 7% sequential and 3% annual declines in quarterly revenues ($12.6 billion), we feel the company fared relatively well in light of the drastic decline in Q1 2013 global PC shipments (13.9% y-o-y). Intel's PC client group declined by 7% y-o-y, whereas its data center group marked a 7% annual increase; its gross margins declined by two percentage points to 56%. The improving macro environment, a gamut of new products and platforms, participation across a range of compute devices and...
Quick Take With 7% sequential and 3% annual declines in quarterly revenues ($12.6 billion), we feel the company fared relatively well in light of the drastic decline in Q1 2013 global PC shipments (13.9% y-o-y). Intel's PC client group declined by 7% y-o-y, whereas its data center group marked a 7% annual increase; its gross margins declined by two percentage points to 56%. The improving macro environment, a gamut of new products and platforms, participation across a range of compute devices and...
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