Intelonline
SAN FRANCISCO: Sales of server chips saved Intel Corp’s fourth quarter, as net income jumped 48% mainly on strong demand from corporations. Yet the sour economy and the rise of smaller and sleeker gadgets such as the iPad have hurt consumers’ appetite for new PCs, depressing that part of Intel’s business.
As the world’s No 1 maker of computer processors, Intel has a pulse on consumer and corporate spending on technology.
