Intel (INTC) is using its Q2 earnings CC to lower its 2011 PC unit growth forecast to 8-10% from...

|About: Intel Corporation (INTC)|By:, SA News Editor

Intel (INTC) is using its Q2 earnings CC to lower its 2011 PC unit growth forecast to 8-10% from a prior 15%; many analysts expected such a drop. The company says corporate PC demand is "healthy," but consumer demand is "soft." Strong growth is seen in emerging markets, and pricing is expected to be "relatively flat." Shares -1.8% AH. (Q2 results) (PR)