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(Reuters) Top chipmaker Intel Corp posted earnings confirming the PC industry is alive but not kicking and said sales would accelerate in the second half of the year with a powerful new PC processor.

cheap Canada Goose An Intel logo is seen at the company’s offices in Petah Tikva, near Tel Aviv October 24, 2011. REUTERS/Nir Elias cheap Canada Goose

Canada Goose online In a first quarter earnings report that did not inspire investors Canada Goose Outlet to push canada goose store Intel recently high flying stock further, the company also said costs associated buy canada goose jacket cheap with ramping up new production lines would hurt gross margins more than expected. Canada Goose online

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Canada Goose Jackets The long time technology bellwether is ramping up production of its newest PC processor, codenamed Ivy Bridge, which is expected to drive sales later this year and power a new crop of super thin laptops dubbed Canada Goose Jackets

canada goose deals But the costs of upgrading the factories where the chips are being made is temporarily hurting canada goose uk black friday margins, Chief Financial Officer Stacy Smith told a conference call. canada goose deals

That was bad news to Wall canada goose clearance Street, which has uk canada goose pushed shares of Intel 17 percent higher so far this year.

Canada Goose Outlet had strong execution for the most part, and in line expectations for the PC market. But from a investor standpoint you have a multi year high stock price, very much priced cheap canada goose uk for perfection. Canada Goose online That gross margin guidance, while understandable, was not perfection, said Cody Acree, an analyst at Williams Financial Group. Canada Goose Outlet

canada goose black friday sale Intel said non GAAP gross margins in canada goose black friday sale the second quarter would be 62 percent, canadian goose jacket plus or minus canada goose coats on sale 2 percentage points, down from 64 percent in the first canada goose quarter. Intel full year gross margin forecast of 64 percent was unchanged. canada goose black friday sale

canada goose clearance BANKING ON ULTRABOOKS Shaky economies in Europe and the United States, a growing consumer preference for Canada Goose sale tablets, and a recent shortage of hard drives due to flooding in Thailand last year have taken a toll on the PC industry. canada goose clearance

buy canada goose jacket cheap Demand in China and other emerging economies has helped sustain canada goose jacket growth, and CFO Smith said business would pick up more as the industry recovers further from the hard canada goose uk shop drive shortage and PC manufacturers replenish low component inventories. buy canada goose jacket cheap

canada goose we ramp Ivy Bridge and people gear up for these really capable ultrabook sales in the last Canada Goose Jackets half of the year, you start to see them refilling their uk canada goose outlet pipelines with new products in Canada Goose Coats On Sale the back half of this year, Smith told Reuters. canada goose

Intel is heavily promoting ultrabooks, canada goose coats which it hopes can stand up to the likes of Apple Inc Macbook Air, with cheap Canada Goose some of the technological chic the iPad and other tablets epitomize.

canada goose clearance sale Some investors are concerned that expensive components used in them, like solid state drives, make them too pricey for many consumers. canada goose clearance sale

canadian goose jacket still very confident we can do that. All the signs are tracking there. Everything we looked at canada goose clearance sale since we first gave that number has Canada Goose Parka gotten more positive, more designs, better price points, Otellini said. canadian goose jacket

canada goose coats on sale TARGETING SMARTPHONES Despite weakness in the United States, global PC shipments in the first quarter grew 1.9 percent from the year ago period, research firm Gartner said last week. That was better than the firm previous forecast of a 1.2 buy canada goose jacket percent decline. canada goose coats on sale

With worldwide PC sales barely growing, Intel has been racing to find a foothold in smartphones and tablets, where processors based on ARM Holdings power efficient chip designs are widely used.

canada goose coats It has recently shown some encouraging signs with announcements that its newest processors would be used in a handful of upcoming smartphones. canada goose coats

Many investors are waiting to see how successful the new handsets become with consumers before declaring the chipmaker a serious player in the mobile market. Growing expectations that Intel will be canada goose factory sale able to compete in mobile have fueled some of the gain in its shares in recent months.

Canada Goose sale Microsoft long awaited launch of Windows 8 expected later this year is also likely to cause a jump in PC sales, but the operating system will be Microsoft first version of Windows that is compatible with chips designed by rival ARM. Canada Goose sale

Intel could face new competition in low end PCs from companies like Nvidia Corp and Qualcomm.

Intel said revenue in the current quarter would be $13.6 billion, plus or minus $500 million. Analysts on average had expected $13.45 billion, according to Thomson Reuters I/B/E/S.

Canada Goose Parka The world leading chipmaker said revenue in the first quarter was $12.9 billion, up from $12.85 billion in the year ago period and a bit higher than the $12.85 billion expected Canada Goose Parka.