Intel Corporation Blames Windows XP Holdouts For Weaker Outlook

Intel Corporation Blames Windows XP Holdouts For Weaker Outlook
By The original uploader was VD64992 at English Wikipedia [Public domain], via Wikimedia Commons

Intel dropped its quarterly revenue outlook on Thursday by approximately $1 billion, noting that business customers are not enthusiastic enough about switching from Windows XP, a 13-year old operating system.

A concern for Intel, Microsoft and PC makers

Intel stated that the currrent slow PC sales are primarily due to the weaker than expected demand to upgrade from Windows XP from small and medium size businesses, along with the broader economic issues, such as a weaker euro.

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The chipmaker noted on Thursday that it is now expecting to post $12.8 billion in first quarter sales, a drop from its mid-January guidance of $13.7 billion, which was already less than Wall Street expectations.

Intel spokeswoman Cara Walker said on Thursday, “This happens occasionally and we’re transparent about changes to our financial outlook.” Walker said that the company sticks to its strategy and is determined to execute it.

Intel could struggle if users continue to show their disinterest in shifting from Windows XP. Apart from the chip maker, it could create a problem for Microsoft, which is backing the latest operating system, Windows 10, that launches this year, says a