14 DAY TRIAL // Intel has been breaking revenue record after record for years now, but 2013 was when its winning streak ended. Well, not quite, since the company still managed to make more money in Q4 than the previous year, but investors aren't satisfied. The chief executive officer of the Santa Clara, California-based corporation was quite satisfied with the profit, which was of 2.63 billion / €1.93 billion, or 51 cents a share.
On that note, revenue rose too, from $13.48 billion / €9.90 billion to $13.83 billion / 10.16 billion.
“We had a solid fourth quarter with signs of stabilization in the PC segment and financial growth from a year ago,” said Intel Chief Executive Officer Brian Krzanich in a statement.
“We’ve built a strong foundation for our business by bringing innovation to the market more quickly across a wide range of computing platforms.”
Unfortunately, Intel's investors weren't thrilled with the results, although the blame was not cast on anyone in particular either. Instead, it fell upon the shoulders of the flagging PC industry and, more recently, a slump in server product demand too.
Even analysts were hoping for earning of at least 52 cents per share, although revenue did break the forecast of $13.72 billion / €10.08 billion.
In the end, though, the biggest concerns lie in the server segment, which was, along with data centers, the healthiest business outlet that Intel had.
Well, it still is the healthiest, but registering any sort of slowdown in that area is cause for alarm now that consumer PCs can't pick up the financial slack anymore.
The political instability of the US during the government shutdown is said to be at fault here, because it caused some uncertainty in the corporate sector. Political instability always does that.
That said, unless ASUS' Padfone Atom-based smartphones experience critical success, 2014 won't be any better for Chipzilla.