Tuesday, January 18, 2011

Intel's (Nasdaq:INTC) Guidance for 2011

Coming off what is being touted as their best quarter in history, Intel (Nasdaq:INTC) gave guidance on what they see for the company in 2011.

Intel was extremely optimistic about 2011, saying they see the global economy improving and are refreshing their product line across the board.

Contrary to skewed reports, the PC sector is far from declining, and is at this time shipping a million units a day around the world.

That's not to say there won't be some countries or regions where there will be some cannibalization from tablets, but overall they see the PC market continuing to grow at a healthy pace in 2011.


Taking into account an assumed improving economy and what they are identifying as their best product lineup in the history of the company, Intel said they see them growing revenues for 2011 at about 20 percent.

Intel added this doesn't include any benefit the company will receive from their acquisition of Infineon Wireless Solutions division and McAfee.

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