Intel misses on Q4 2018 earnings due to ‘weaker modem demand’ likely attributable to the iPhone<div class="feat-image">
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<p>Intel today announced its fourth quarter earnings for 2018, missing analyst expectations. The company reported revenue of $18.66 billion, missing Wall Street expectations of $19.01 billion. In its release, Intel attributes its lower-than-expected revenue to slow modem sales.</p>
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Intel misses on Q4 2018 earnings due to ‘weaker modem demand’ likely attributable to the iPhone