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Intel revenue dives $1bn on hard disk shortage

nk497 (1345219) writes | more than 2 years ago

Intel 0

nk497 writes "The hard disk shortage caused by the flooding in Thailand will cost Intel $1 billion in lost revenue, the company said. It had initially predicted revenue of $14.7bn this quarter, but that will now be $13.7bn, it said. "Sales of personal computers are expected to be up sequentially in the fourth quarter," Intel said. "However, the worldwide PC supply chain is reducing inventories and microprocessor purchases as a result of hard disk drive supply shortages.""
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