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Intel (INTC -0.2%) is receiving some estimate cuts after a swell of negative PC industry data...

Aug. 27, 2012 11:34 AM ETIntel Corporation (INTC) StockMSFT, DELL-OLD, HPQ, INTCBy: Eric Jhonsa, SA News Editor
Intel (INTC -0.2%) is receiving some estimate cuts after a swell of negative PC industry data arrived last week, including from top customers H-P and Dell. Davenport thinks Intel could miss Q3 and Q4 Street estimates, and Citi believes there's a "high likelihood" the chip giant will warn. JMP has cut both its 2012 and 2013 estimates, citing concerns about Windows 8 (NASDAQ:MSFT) demand.

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