Personal Computers A Boon for Intel
Tomahawk, WI 07/16/2014 (Basicsmedia) – Intel Corporation (NASDAQ:INTC) a company still relying on personal computers (PC), which indeed is really taking them to soar sky high in market sales and as an overall good commodity. At least this what their recent reports have signified to everyone. PC has been in a lot of discussion in recent years because of its place taken by tablets and other much mobile computing devices like PDA’s and even laptops. This has led to fall in both the price and sales of PC in the last few years.
Why Sudden Rise?
Intel Corporation (NASDAQ:INTC) has put a stop to all those discussions which expected that PC is about to collapse. Somewhere, even Intel was aware that the use of PC has diminished amongst the users but on the other hand also knew that it didn’t completely disappear from the market. The possible reasons understood could be
They did tell their business investors about the accelerating momentum that was about to come to the PC market.
Although the use of PC was very much affected, some of the functionalities it offered to its users could never be questioned. Its contemporaries such as tablets, ultra books, PDA’s even after many innovations lacked some of the function only PC could offer.
Reasons for Relying on PC
Intel Corporation (NASDAQ:INTC) has frequently being surrounded by problems when it comes to their Mobile computing and devices. While their mobile market constantly going down, their over reliant nature for PC have made it possible for them to deliver extraordinary results with satisfactory margin and cash flow.
Also the company’s shares have seen good rise in over past month, which was not the same before. Intel has also promised its shareholders for better performance and improved returns in coming months. Intel has also suggested in buying stocks worth $20 billion which so far does makes sense seeing their position in the market.