Intel (INTC) CFO Stacy Smith expects a recovery in corporate spending on PCs in the next 18...

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

Intel (INTC) CFO Stacy Smith expects a recovery in corporate spending on PCs in the next 18 months, as "ingredients are being put in place" for a large-enterprise refresh cycle. The release of Windows 7 (MSFT) has had only a slight net positive impact so far, he said.