Intel Q2 Earnings Review: New PC Products, Data Center, IoT & NAND To Drive Future Growth

While Intel expects PC sales to improve in the second half of the year (after the Windows 10 launch and as new Intel Skylake products hit the market), the company admits that PC sales are weaker than it initially expected and has consequently lowered its full year 2015 revenue guidance (mentioned below). Intel believes that stability in its PC business, the completion of Altera?s acquisition (expected in the next 2-3 quarters) and continued strength in the data center, IoT and NAND businesses wi...