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Date: 03-03-13

Intel's outlook for 2013: low single digit growth

World' largest semiconductor chip maker Intel's outlook for 2013 is mere low single digit growth. One of the reason might be not so-successful launch of Windows 8. The overall semiconductor market also going to be impacted, if the Intel's own forecast is right. However the computer market is now the 2nd big market for semiconductor after mobile/wireless has taken over the top slot. Since the mobile/wireless segment is double digit growing market, the overall semiconductor market growth for 2013 is going to be close to 10%.

Intel has reported its full-year revenue of $53.3 billion, operating income of $14.6 billion, net income of $11.0 billion and EPS of $2.13. The company generated approximately $18.9 billion in cash from operations, paid dividends of $4.4 billion, and used $4.8 billion to repurchase 191 million shares of stock.

For the fourth quarter, Intel posted revenue of $13.5 billion, operating income of $3.2 billion, net income of $2.5 billion and EPS of 48 cents. The company generated approximately $6 billion in cash from operations, paid dividends of $1.1 billion and used $1.0 billion to repurchase 47 million shares of stock.

"The fourth quarter played out largely as expected as we continued to execute through a challenging environment," said Paul Otellini, Intel president and CEO. "We made tremendous progress across the business in 2012 as we entered the market for smartphones and tablets, worked with our partners to reinvent the PC, and drove continued innovation and growth in the data center. As we enter 2013, our strong product pipeline has us well positioned to bring a new wave of Intel innovations across the spectrum of computing."

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