Intel Corporation (INTC) Expects Revenue Growth in 2013

If Intel and vendors deliver…

If Intel Corporation (NASDAQ:INTC)’s new chips allow vendors to sell touch-enabled Ultrabooks at $499 and touch-enabled notebooks for as low as $200, the company could very well see renewed growth in its PC Client Group. Touch is becoming a bigger part of computing, and Windows 8 is designed for touch use, so touch enabled devices at that range would likely be competitive. The prices of desktop touch-enabled PCs should come down too.

In addition, the company is entering the Google Inc (NASDAQ:GOOG) Android market in tablets. Android is really becoming the standard OS for mobile devices, and that includes tablets. The IDC projects that Android will reach 48.8% market share in tablets for 2013, which is higher than the 46% projected for iOS. This gives Intel broad potential. While Gartner expects traditional desktop shipments to decline, it expects that overall computing device shipments will rise 9% year over year for 2013, and a lot of that growth is expected to occur in the tablet and ultramobile market. It could be a good second half for Intel’s PC Client Group. Finally, Intel is doing well in servers, so if Intel’s PC Client Group delivers then overall growth should happen.

Keeping it in perspective

While the second half of the year could be good, investors should keep it in perspective. Despite Intel Corporation (NASDAQ:INTC)’s projections, the PC market is struggling majorly. Also, Intel does not expect its presence in smartphones to be revenue significant for the year. Finally, those price points mentioned by Intel might not happen. So while it could be interesting, investors should take Intel’s projections with a grain of salt. Regardless, Intel’s management sounded very confident, and Haswell is definitely something investors should keep a close watch on.

The article Intel Expects Revenue Growth in 2013 originally appeared on Fool.com and is written by Alvin Gonzales.

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