1 Way Intel Corp. Can Boost Desktop Processor Prices
Last quarter wasn't a great one for Intel's (NASDAQ: INTC) desktop personal computer business -- at least relative to its notebook personal computer business.
Revenue from the former dropped about 3% year-over-year, driven by approximately 1% declines in both average selling prices and unit shipments, while the latter's revenue rose 20% year over year, driven by a 14% increase in unit shipments and a 6% bump in average selling prices.
Image source: Intel.
Source: Fool.com
Intel Corp. Stock
€19.76
-0.880%
Currently there is a rather positive sentiment for Intel Corp. with 27 Buy predictions and 15 Sell predictions.
As a result the target price of 38 € shows a very positive potential of 92.29% compared to the current price of 19.76 € for Intel Corp..
