Global server revenues grew 5.2% Y/Y in Q3, according to Gartner, well below Q2's 19.5% clip....

|By:, SA News Editor

Global server revenues grew 5.2% Y/Y in Q3, according to Gartner, well below Q2's 19.5% clip. While lower top-line growth was expected, given the Q2 impact of IBM's mainframe upgrade cycle, a decline in x86 server revenue growth to 9.3% from 17.7% implies a broader softening of demand, and is arguably unwelcome news for Intel (INTC). Western European sales fell 4.9%, while Asia-Pac shipments rose 23.9%.