Intel’s Q1’16 Earnings Preview: Data Center, IoT & Memory Are The Key Growth Drivers
Leading PC processor manufacturer, Intel (NASDAQ:INTC) is set to release its Q1 2016 earnings report on April 19th. Despite a sharp decline in PC sales, Intel reported only a marginal year-on-year decrease (~1%) in its 2015 revenue, as the significant decline in PC revenue was offset by strong growth in its Data Center, Internet-of-Things (IoT) and Memory segments. The company’s Q1 2016 guidance is at the low-end of the average seasonal range, as the company remains cautious on the level of economic growth, particularly in China. Nevertheless, Intel is confident of seeing solid growth in 2016, as the company evolves its business by lowering its dependence on PCs and increasing its focus on data center, IoT and memory.
Have more questions about Intel? See the links below:
- Down 29% This Year, What Lies Ahead For Intel Stock Following Q1 Earnings?
- Will Intel Stock Return To Pre-Inflation Shock Highs Of $68?
- Gaining 50% Over The Last 12 Months, Will Intel Stock Rally Further After Q4 Results?
- Will Intel Stock Recover To Pre-Inflation Shock Highs?
- Up 44% This Year And With Foundry Plans Taking Shape, Will Intel Stock See Further Gains?
- What To Expect From Intel’s Q3 Results?
>> Will Intel’s Dependence On The PC Market Continue To Decline?
>> How Is Intel’s Revenue & EBITDA Composition Expected To Change By 2020?
>> Will Intel’s Server Revenue Grow In Line With The Global Server Market?
>> Intel In 2015: Growth in Data Center, IoT and Memory Was Offset By A Steep Decline In PC Sales
>> What’s Intel’s Fundamental Value Based On Expected 2016 Results?
>> What Is Intel’s Expected Revenue & EBITDA Growth For 2016?
>> How Important Is The Wearables Market For Intel?
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