As ARM-Based Devices Take Over, Intel Cuts Its Sales Forecast For The Rest Of The Year

Intel announced today that its sales for the third quarter will be lower than expected due to a decline in demand. Intel microprocessors use the x86 architecture found in most PCs and Macs today. Instead of $14.2 billion, Intel now anticipates $13.8 billion in revenue. It is not due to competition as AMD faces the same problem. Even more important, that decline demonstrates once again that a major shift is occurring in the personal computer landscape. Even though the iPad and other tablets were quickly tagged as a content consumption device, companies such as Apple quickly realized that tablets were canibalizing computer sales.

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