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Intel tablets could cure market conditions
Intel's Q1 earnings beat expectations, that's despite a decline in sales of personal computers. The firm has now outlined a strategy to carve out its own share of the tablet market, changing direction due to the switch in consumer habits.
Intel's PC division saw revenue drop one percent to $7.9 billion. The chipmaker's shares rose as investors liked the forward looking blueprint for a firm that's long been associated with the desktop.
Intel reports that the firm shipped 10 million tablet chips in 2013 and is offering manufacturers incentives to use its products. Andy Ng - Senior Equity Analyst at Morningstar discusses Intel's earnings and where he sees growth in the future.
01:48 minutes
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