Intel shocks Wall Street with revenue warning!
SAN FRANCISCO,
Kalifornia - November 12, 2008 – Intel shocked Wall Street today with a revenue
and margins warning that indicated a rapid decline in the business of the
world's largest chipmaker over the past month.
Intel, a bellwether for the technology industry, reported that sales were being "affected by significantly weaker than expected demand in all geographies and market segments".
"In addition, the PC supply chain is aggressively reducing component inventories," it said.
