All articles tagged with #pc sales
Capcom's FY24 earnings reveal that PC game sales now dominate with 60% of total digital sales, up from 52% in FY23, driven by popular titles like Monster Hunter Wilds, indicating a shift in the gaming industry towards PC platforms.
AMD's stock dropped over 4% after BofA Securities downgraded it from buy to neutral, citing competition in AI chips and weakening PC sales as risks to 2025 expectations. Analyst Vivek Arya noted AMD's lag behind Nvidia in AI chip development and potential PC market corrections. Despite these challenges, AMD might benefit from Intel's struggles. The stock's price target was reduced to $155 from $180, reflecting a cautious outlook.
Intel has forecasted fourth-quarter revenue and margins above Wall Street estimates, driven by a rebound in personal computer sales, improvement in its data center business, and a growing lineup of customers seeking its manufacturing services. The company's gross margins rose faster than expected due to the easing PC slump and stabilization of its server chip business. Intel also secured three customers for its chip contract manufacturing business and expects to close a deal for a fourth customer before year-end. Despite facing competition in the data center chip market, Intel remains optimistic about its prospects and expects a return to growth in the PC market during the holiday season.
Intel is set to report its Q3 earnings, with a focus on the rebounding PC market and its datacenter business. The chipmaker is expected to post a decline in revenue compared to the same period last year, but analysts anticipate a positive step forward. The PC market, which has been affected by the pandemic, is expected to return to growth in Q4, which could benefit Intel. However, competition from rival Nvidia, which is working on its own Arm-based CPUs for Windows PCs, could overshadow the announcement. Intel is also looking to catch up to Nvidia in terms of AI capabilities.
MacBook sales have declined in 2023, signaling the end of the MacBook boom that began in 2020. The surge in demand was fueled by the COVID-19 pandemic and the transition to Apple Silicon chips. While MacBook sales have dropped this year, it is not necessarily a bad thing as it sets realistic expectations for future updates and improvements. The major change in technology has already happened, and although Macs will continue to improve, the excitement and hype of the past few years may not be replicated.
Intel Corp. reported its largest-ever quarterly loss due to a sharp fall in personal-computer sales, but the company signaled that its business could gradually begin recovering in the current quarter. The sales fell to a level not seen since 2010, and the revenue of $11.7 billion for the first quarter marked a 36% decline from the prior-year period. Intel has been facing fierce competition from rival AMD, which overtook Intel in market value last year.
Global PC sales continue to decline, with Apple Mac sales leading the way in the worst quarterly drop ever for PC shipments, according to research firm Gartner. The decline in PC sales has analysts searching for a bottom in the market.