Intel says the PC market “bottomed out” in first quarter; Net income plunges 55%
Apr 15th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Intel, the computer chip giant, said on Tuesday the PC (personal-computer) market had "bottomed out" in the first quarter, suggesting that the market may be starting to recover for the hard-hit technology sector. First-quarter net income plunged 55 percent to $647 million.