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RSS FeedsIntel beats Q2 expectations behind 33% increase in PC unit sales
(Windows Phone Central)

 
 

23 july 2021 18:14:53

 
Intel beats Q2 expectations behind 33% increase in PC unit sales
(Windows Phone Central)
 


Intel beat its own expectations and those of experts behind an increase in PC unit sales. What you need to know Intel reported a 33% uptick in PC unit sales in Q2 compared to the same quarter last year. The company beat its expectations and those of experts in Q2. Despite beating expectations, Intel`s stock fell by 2% due to guidance regarding the third quarter of this year. Intel shared its second quarter earnings yesterday (via CNBC). The company saw a 33% increase in PC unit sales, which helped it beat its own expectations for the quarter. Intel also passed the expectations of experts for Q2 2021. `Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,` said Intel CEO Pat Gelsinger. Despite the increase in PC sales and passing expectations, Intel`s stock dropped by 2% following the report. That drop was likely due to Intel guiding its non-GAAP margins to 55% in Q3 compared to t...


 
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