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Intel and IBM Face Economic Challenges by anon_505422600 is a document available to read on EtoBox.

1) Intel and IBM stocks fell after reporting weak earnings as the global economic slowdown has reduced consumer and business demand for personal computers. 2) Intel reported lower-than-expected gross margins and inventory levels rising as PC sales decline. IBM also reported revenue and earnings that missed analyst estimates. 3) The PC market is expected to contract for the first time since 2001 as consumers and businesses in major markets reduce spending on computers.

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