5 Companies That Dropped The Ball This Week

Intel Struggles In Q1 As Profit Drops 25 Percent

Intel reported first-quarter profit of $2.05 billion, down 25 percent year over year and the latest indication of it getting hammered by the post-PC revolution. Revenue dropped 7 percent overall and 7 percent in the chip maker's PC client division. Despite a ray of hope from server chips, which boosted Intel's data center revenue by 7 percent, the company continues to fight against the tide of a dwindling PC industry.

Get the latest channel news to your inbox every morning with the CRN Daily newsletter.