Intel PC unit sales rose 33% compared to last year, as company beats Q2 expectations
Intel beat its own expectations and those of experts following an increase in PC unit sales.
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What you need to know
Intel shared its second quarter earnings yesterday (viaCNBC). The company saw a 33% increase in PC unit sales, which helped it beat its own expectations for the quarter. Intel also passed the expectations of experts for Q2 2021.
“Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,” said Intel CEO Pat Gelsinger.
Despite the increase in PC sales and passing expectations, Intel’s stock dropped by 2% following the report. That drop was likely due to Intel guiding its non-GAAP margins to 55% in Q3 compared to the 59.2% seen in Q2.
Intel also shared highlights from the quarter:
While low stock and a global chip shortage have affected all PC part manufacturers, demand for PCs continues to be high. People continue to work and study from home, raising the demand for computers.
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Sean Endicott is a tech journalist at Windows Central, specializing in Windows, Microsoft software, AI, and PCs. He’s covered major launches, from Windows 10 and 11 to the rise of AI tools like ChatGPT. Sean’s journey began with the Lumia 740, leading to strong ties with app developers. Outside writing, he coaches American football, utilizing Microsoft services to manage his team. He studied broadcast journalism at Nottingham Trent University and is active on X @SeanEndicott_ and Threads @sean_endicott_.