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| Intel maintains sales forecast | Intel maintains sales forecast |
| (35 minutes later) | |
| Intel, the world's largest maker of chips for PCs, has maintained its sales forecast for 2013, despite an industry-wide slowdown in computer sales. | Intel, the world's largest maker of chips for PCs, has maintained its sales forecast for 2013, despite an industry-wide slowdown in computer sales. |
| Intel still expects "low single-digit increase" in revenue across the year, after reporting first-quarter revenue of $12.6bn (£8.2bn), down from $12.9bn a year ago. | Intel still expects "low single-digit increase" in revenue across the year, after reporting first-quarter revenue of $12.6bn (£8.2bn), down from $12.9bn a year ago. |
| First-quarter profit fell 25% to $2bn. | First-quarter profit fell 25% to $2bn. |
| Yahoo also released its latest quarterly profits on Tuesday, seeing its profits rise 36%. | Yahoo also released its latest quarterly profits on Tuesday, seeing its profits rise 36%. |
| Its net profit totalled $390m, compared with $286m a year earlier. However, Yahoo's revenues were down 7% to $1.1bn. | Its net profit totalled $390m, compared with $286m a year earlier. However, Yahoo's revenues were down 7% to $1.1bn. |
| Last week research firm IDC said global sales of PCs fell 14% in the first three months of the year. | Last week research firm IDC said global sales of PCs fell 14% in the first three months of the year. |
| Intel said it shipped 7% less PC chips compared to a year ago, but 6% more server chips. |