Intel CEO Paul Otellini told investors yesterday that the PC market is doing a little better than expected:
Otellini said, "We are halfway through Q2. In terms of our order pattern and our billing pattern, it's a little better than expected." June is a key month for the quarter and according to Otellini business is described as "so far, so good."
IDC predicted that shipment volumes in the industry will be down 9 to 10% for the year, but Otellini says that he doesn't think things will be that bad for the industry.
He said, "I'm getting increasingly comfortable that the dip here is not as aggressive as they are showing."