Intel loses $3.15 billion on mobile chips

 In 2013, Intel’s mobile chip division lost a hefty $3.15 billion, after posting an operating loss of $1.78 billion in 2012. In the first quarter of 2014 alone, the Mobile and Communications Group saw a $929 million operating loss on a meager $156 million in revenue, according to new financial results issued today by the company.

– The Verge

Too late in the game just as Microsoft was on Mobile?

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