Mega vendors: Quarterly results Q1 2013

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Intel predicts ultra low cost PCs

Source:  Computer Weekly

Reflecting the state of the PC market Intel’s Q1 2013 financial report showed revenue in its PC client group of $8.0bn, down 6.0% year-on-year.

In spite of the poor shape of the PC market, CEO Paul Otellini predicted that the take-up of touch-enabled devices, that the industry has been waiting for, will arrive once prices fall. 

He implied this demand would fuel growth for Intel chips within its PC client business.

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