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Intel Corporation Message Board

  • flashcrashcoming flashcrashcoming Aug 27, 2012 3:06 PM Flag

    Intel (INTC -0.2%) is receiving some estimate cuts after a swell of negative PC industry data

     

    11:34 AM Intel (INTC -0.2%) is receiving some estimate cuts after a swell of negative PC industry data arrived last week, including from top customers H-P and Dell. Davenport thinks Intel could miss Q3 and Q4 Street estimates, and Citi believes there's a "high likelihood" the chip giant will warn. JMP has cut both its 2012 and 2013 estimates, citing concerns about Windows 8 (MSFT) demand.

    Sentiment: Strong Sell

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