Intel underperforms in part due to Apple

Intel

The economic slowdown doesn't just affect Apple. Recall that Macs today are configured with Intel processors or what is the same, Apple is a relevant customer for the company. The Chinese crisis is affecting the sales of the devices and therefore, the demand for the chip from its manufacturer. We are also facing an uncertain future, although it is true, in recent weeks it seems that the conflict has signs of a solution.

During the fourth fiscal quarter, turnover was 18,66 billion, when analysts' estimate was slightly higher than 19 billion. In any case, the results are higher than the previous year by 9%, according to Intel. In addition, other factors that affect production are the low demand for NAND memories and the lower demand for the iPhone modems that are manufactured by Intel. The announcement of the slowdown of the iPhone by Tim Cook, may not have sat down well at the top of the chip company.

Analysts expect a difficult first quarter, also for Intel, in Opinion of Weston Twigg who works for the firm KeyBanc Capital Markets. In addition, this lower demand does not affect only Apple, but also the rest of the technology manufacturers, which also see their sales figures reduced.

The company plans to relieve its CEO, after having a difficult year for the company, with the security problems it has suffered in recent months. On the other hand, Brian Krzanich had to leave his job, by breaking the internal code of the company on a romantic relationship with a company employee. The relief, although on an interim basis, he took Bob swan. The latest rumors speak of an interest on the part of Intel, of a vice president of Apple, Johnny Srouji,  as head of operations.


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