Chip-making giant Intel has recorded a five per cent dip in its revenue, but hopes tablet sales will boost earnings in the coming months.
In its most recent financial statement, the firm posted revenue of $13.5bn (£8.4bn) in its third quarter, down from $14.2bn in 2011's Q3.
Net income stood at $3bn, a 14 per cent decrease on the same period last year.
The company generated about $5.1bn in cash from operations, paid dividends of $1.1bn and used $1.2bn to repurchase stock.
Paul Otellini, Intel's president, said he was excited to see Intel-based tablets come to market.
"Our third-quarter results reflected a continuing tough economic environment," he added.
"The world of computing is in the midst of a period of breakthrough, innovation and creativity. As we look to the fourth quarter, we are pleased with the continued progress in Ultrabooks and phones and excited about the range of Intel-based tablets coming to market."
Intel expects revenue in its Q4 to be about $13.6bn, give or take $500m.
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