If the PC Is Dead, Someone Forgot to Tell Intel’s Customers

Cloudline | Blog | If the PC Is Dead, Someone Forgot to Tell Intel’s Customers.

Another quarter, another fresh set of earnings records for Intel. As has been the case for the past few quarters, the Tuesday release of Intel’s third-quarter earnings shows that revenue is up on both the client and server sides of Intel’s business. As a tech industry bellwether, Intel’s results are always most informative when broken out by vertical, so let’s take a look at what happened this past quarter.

The first take-home from Intel’s quarterly results is that the rumors of the PC’s demise have been greatly exaggerated. Intel’s PC Client Group revenue is up 22 percent year-over-year, a healthy jump that (not coincidentally) echoes the 26 percent year-over-year jump that Apple’s most recent quarterly results saw in Mac sales. The one segment of the PC market that “post-PC” pundits have been right about are netbooks—Atom sales are down a whopping 24 percent sequentially and 32 percent year-over-year. To once again take a sideways glance at Apple’s earnings, the iPad is up 166 percent year-over-year in units shipped, so it seems likely that any tablet cannibalization of the PC is confined to the netbook segment (which consumers have hated for a long time anyway).

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