“Clearly the financials aren’t what we hoped for, but we’re also pleased with the execution process we made,” said CEO Pat Gelsinger (pictured) “the macro is difficult. It was difficult in Q4. We expect it to remain difficult as we go through the first half of the year, but we’re laser focused on controlling the things that we can.”
The PC business saw revenues fall 36% to $6.6 billion and datacentre business revenues fell 33% to $4.3 billion.
