Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 11 September 2012 08:26

Intel shares slump amidst mobile concerns

Written by Fudzilla staff

Tablets and smartphones to blame apparently

Intel’s stock is sliding again on renewed concerns that the chipmaker could face serious challenges in the mobile segment. Intel cut its revenue forecast for Q3 a few days ago and analysts already smell blood in the water.

Nomura Securities analyst Romit Shah believes the cut is just a sign of things to come. He expects Intel’s earnings could sink to as low as $2 per share, well below the current estimate of $2.26 per share and Intel’s earnings this year, expected to hit $2.17.

The downturn has been brought about by new industry trends, namely tablet computing. Shah believes things will only get worse for Intel next year, as it will become increasingly difficult to sell costly ultrabooks in a tablet-centric market. Let’s not forget that Windows RT is also on the way and that Windows tablets could become a very tempting alternative to ultrabooks and ultraportables in the future.

Intel closed at $23.26 Monday, dropping 93 cents or 3.8 percent. Shares slipped another 3.6 percent on Friday. However, it is worth noting that the entire industry is hurting, so Intel is no exception.

Fudzilla staff

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments