piątek, 22 listopada 2013

Intel shares drop as Wall Street questions mobile growth

People visit the Intel booth at the 2013 Computex exhibition at the TWTC Nangang exhibition hall in Taipei Shares of Intel Corp fell nearly 5 percent on Friday after Wall Street came away from its investor meeting craving more evidence that the chipmaker can forge a strong mobile presence to drive up revenue and margins. Executives on Thursday acknowledged that they had underestimated the impact of the mobile revolution, and Chief Executive Officer Brian Krzanich outlined plans to begin manufacturing semiconductors for other companies and develop microchips for cheaper tablets. But some analysts warn the latter was a margin-eroding move, arguing Intel still had no technology to dominate next-generation smartphones that run on 4G LTE standards. "It is about bringing something different to the table in mobility that can sustain their gross margin structure.








via Tech News Headlines - Yahoo! News http://news.yahoo.com/intel-shares-drop-wall-street-questions-mobile-growth-163642602--finance.html

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