Intel reports Q1 2013 revenues of $12.6 billion and net income of $2.0bn (down from Q1 2012 revenues of 12.9bn and income of $2.7bn) as it forecasts "low single-digit percentage" growth for 2013.
PC Client Group revenues fall by 6% Y-o-Y to $8.0bn, Data Centre Group revenues grow by 7.5% Y-o-Y to $2.6bbn while Other Architecture revenues drop by 9.0% Y-o-Y to $1.0bn.
"Amidst market softness, Intel performed well in Q1 and I'm excited about what lies ahead for the company," Paul Otellini says in his final earnings call as Intel CEO. "We shipped our next generation PC microprocessors, introduced a new family of products for micro-servers and will ship our new tablet and smartphone microprocessors this quarter."
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