Intel Q1 2015 Earnings: PC Business Decline Continues, But Offset By Data Center Growth

April 14, 2015 9:57 PM

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In its first quarter earnings for 2015 released today, chipmaking giant Intel Intel reported that it missed revenue forecasts a bit, coming in at $12.78 billion, versus the $12.9 billion analysts were forecasting. Revenue growth was nearly flat for Intel. In the same quarter last year, Intel reported $12.76 billion in revenue.

The Santa Clara, Calif. giant’s biggest loses were in its Client Computing Group — which represents both its PC and mobile businesses — with revenue of $7.4 billion, an 8 percent decline year over year. Its small software group faced a bit of a decline too with revenue of $534 million, down 3 percen...

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