Add another name to the list of companies that have benefited from the retirement of Windows XP. Intel, like other hardware vendors, is seeing a jump in demand following the end of support.
This current quarter, obviously, end on June 30, and most companies report their financials in July or August, but Intel has released a statement saying that its sales for the quarter are coming in higher than expected. The company also revised the earnings estimate for this period.
Intel is now expecting revenue to the tune of $13.7 billion (plus minus $300 million), compared to the previous estimates of $13.0 billion (plus minus $500 million).
And the reason for this uplift?
Strong demand in the business and enterprise segments for new PCs, which is very likely caused by the retirement of Windows XP.
Companies that were still running the old operating system are now purchasing new machines, which is in turn boosting the bottom line of OEMs, and ultimately, Intel.
And then there are also factors like the recently released Surface Pro 3, and the various Bay Trail hybrids and tablets that have made their way to the market in the past few months.
All this, ultimately, bodes well for the Windows platform.