Intel Revenue Dives $1bn On Hard Disk Shortage

nk497 writes "The hard disk shortage caused by the flooding in Thailand will cost Intel $1 billion in lost revenue, the company said. It had initially predicted revenue of $14.7bn this quarter, but that will now be $13.7bn, it said. 'Sales of personal computers are expected to be up sequentially in the fourth quarter,' Intel said. 'However, the worldwide PC supply chain is reducing inventories and microprocessor purchases as a result of hard disk drive supply shortages.'"

Comments

Re:Intel sells hard drives?

[Shatrat]

Intel does not sell computers. They sell processors to people who sell computers. Those people can't built computers without hard drives, so they are buying fewer processors. Not that hard to figure out.