Intel Annouinces Shift Away from PC, to Cloud and IoT

Intel Corporation has announced a restructuring initiative to “accelerate its evolution from a PC company to one that powers the cloud and billions of smart, connected computing devices,” Intel says.

“The data center and Internet of Things (IoT) businesses are Intel’s primary growth engines,” Intel now says.

“These growth businesses delivered $2.2 billion in revenue growth last year, and made up 40 percent of revenue and the majority of operating profit, which largely offset the decline in the PC market segment,” Intel also says.

source: IDC
Post a Comment

Popular posts from this blog

Voice Usage and Texting Trends Headed in Opposite Directions

Spectrum Fees, High Incremental Capex, Lower Value in Ecosystem Mean Historic Changes Might be Necessary

For Ting, Operating Costs are Key to Business Model