Intel announced the first quarter of the performance PC market, said recession "bottomed out"

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Intel Corporation announced on the 14th the performance report shows that in the first quarter of this year, the world's largest chip maker's net profit and operating income fell sharply while, but the ideal than expected. Intel also believes that the PC market, the recession has "bottomed out."

Intel's snare earnings for the first quarter of this year, 647 million U.S. dollars, 11 cents profits per share, respectively, contrasted with the identical time span last year fallen 55% and 56%. Nevertheless, these facts and numbers previous than analysts approximated earnings of 3 cents per share, much to the ideal.

Intel's first quarter operating income was 7.1 billion U.S. dollars, up 26 percent decline, but analysts have previously exceeded the expectations.

"We believe that personal computer sales in the first quarter of this year, the bottom has fallen," said Intel CEO Otellini said in a press release. Some analysts pointed out that, as recently published the first results of the first quarter of this year, large-scale technology companies, Intel's relatively optimistic view, it helps to strengthen the recovery of the IT industry's confidence in the future.

However, analysts accept as factual that now that the PC market is still too early to start to retrieve, because the present financial and market natural environment is still a large uncertainty. Intel furthermore accepts as factual that uncertainties extend to live as a outcome, it can not be on the second quarter of this year, for example functioning earnings outlook is granted more specific. - 18424

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