Posted on Friday, April 21 2006 @ 12:13 CEST by Thomas De Maesschalck
Intel reported its first quarter financial results on Wednesday and blamed a weak PC market for its poor results.
Wall Street doesn't appear to be buying Otellini's take on the status of Intel's business. A Merrill Lynch analyst earlier this month urged Intel to consider whether or not Otellini is really the right man to revive the firm, which has fallen behind AMD on desktop and server processor performance.
AMD last week reported an increase in notebook, desktop and server processor sales, while posting a more than 70 per cent rise in overall revenue. Like Intel, AMD did point to the PC processor market as its slowest segment.
More details at
The Register.
