PC sales are falling rapidly
The world's largest manufacturer of electronic devices and computer components, Intel, said that profits increase is not predicted this year. This announcement has reduced the cost of the company's shares by 5%, the BBC news informs.
The poor prognosis connected with a fall in PC sales. In 2013 profit of Intel branch, which sells chips for desktops decreased by 4% compared to 2012.
However, in the last quarter of last year, the total profit of the company increased. Thus, from October to December, the manufacturer got $ 8.6 billion, compared with $ 8.5 billion in the same period a year earlier. CEO Brian Krzanich said that the fourth quarter figures suggest that the PC sector will stabilize. By 2013 net profit of organization increased by 13 % compared to 2012 by $ 9.6 billion.
However, in order to maintain sales growth, the company had to develop other industries and stimulate the production of various components, except chips for PCs, since the last six months sales of computers constantly declining, suffering from the growing popularity of tablets and smartphones.
The company develops new technologies in hopes to increase profit and offset the impact of slowing PC sales in its business.
Recently, the organization has demonstrated a variety of innovations at the Consumer Electronics Show in Las Vegas, including 3D - camera in laptop and the put on technologies, which, according to the company's management will be very popular in the market.