Intel: Baird Cuts ’12, ’13 Estimates on Euro Weakness
Posted on June 01, 2012 at 11:14 AM EDT
R.W. Baird’s Tristan Gerra this morning cut his estimates for Intel (INTC) for this year and next, cut his projections by hundreds of millions, based on “field research” conducted in Asia this week that show Europe is hurting PC production plans. “2Q order trends are below plans in the PC supply chain, and initial 3Q [...]