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.'"