Intel Corporation (NASDAQ:INTC) Q2 earnings decline


Dallas, Texas 08/06/2013 (Financialstrend) Most recently, the income report has been announced by Intel Corporation (NASDAQ:INTC) for the second quarter of the year 2013. Per the report, Intel Corporation seemed to miss the income quicker than expected. This faster rate of decline was because of the fact that the zone of personal computers is carrying on to disappear. Followed by the announcement of the company’s quarterly report, the scrip of Intel Corporation was found to have declined by 4%. It is evident from this decline that the market is not sure about the capabilities of Intel Corp in fixing the concerns with the company’s business. Now, Intel Corporation is appearing to be aware of the transformations that are happening in the computing businesses. Already, the company has rolled out the chips and these are considered to be moving at the identical levels as that of the competitors at least as per Intel Corp. In addition to all these, the shareholders of the company might be conflating the capabilities of Intel Corp for performing better in the existing markets with that the capabilities to foraying into a whole new market sections. It would be a greater concern for the shareholders if the Intel Corp seemed to continue in the existing way by producing the decreasing income levels at the same time with an augmentation in the promises from the manufacturers of the chips.

During the last trading session, the shares of Intel Corporation seemed to plunge by more than 1% in the pre-market trading. This is because the company has initiated the shipping of their first open-source personal computers. According to numerous sources, this release of the open source PCs from Intel Corp were described as the best in terms of the bare-bone system that is associated to the x86 dens. This version is being well-planned for targeting the developing DIY market and also the chip giant on the method for the purpose of discovering what exactly it needs to propose.