Intel beats internal forecasts even if Q3 2012 revenues drop by -5% Y-o-Y to $13.5 billion, a decline CEO Paul Otellini attributes to "a continuing tough economic environment."
Operating income for Q3 2012 totals $3.8bn.
The PC Client Group is the worst performing Intel business unit, with revenues reaching $8.6bn with an -8% Y-o-Y decline. On the other hand the Data Centre Group is more positive as revenues grow by 6% Y-o-Y to $2.7bn.
Other Architecture group revenue drops by 14% Y-o-Y to $1.2bn.
When it comes to the future, Intel has one market in mind-- mobile. "The world of computing is in the midst of a period of breakthrough innovation and creativity," Otellini remarks. "We're pleased with the continued progress in ultrabooks and phones and excited about the range of Intel-based tablets coming to market."
The company claims 140 Core-based ultrabooks will hit the market once Windows 8 launches, with 40 touch-capable models together with a few laptop-tablet hybrids. No word is available on Intel-powered smartphones, though.
