Intel misses on Q4 2018 earnings due to ‘weaker modem demand’ likely attributable to the iPhone

Intel today announced its fourth quarter earnings for 2018, missing analyst expectations. The company reported revenue of $18.66 billion, missing Wall Street expectations of $19.01 billion. In its release, Intel attributes its lower-than-expected revenue to slow modem sales.

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The post Intel misses on Q4 2018 earnings due to ‘weaker modem demand’ likely attributable to the iPhone appeared first on 9to5Mac.

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