Intel's new reporting structure sheds light on Internet of things, mobile

Summary: It should be easier to see progress in Intel's Internet of things and mobile businesses as the chip giant changes its financial reporting structure.

Intel is changing its financial reporting structure in a way that should shed more light on how its embedded Internet of things efforts are working as well as its mobile processors.

The structure, which will be unveiled April 15 when the company reports first quarter earnings, will break down like this:

The new structure will be most notable for the Internet of things unit as well as mobile processors.

Intel is expected to report first quarter earnings of 37 cents a share on revenue of $12.81 billion, up 2 percent from a year ago. Analysts have been more upbeat about Intel due to corporate spending on desktops.

For instance, Pacific Crest analyst Michael McConnell upgraded shares of Intel Monday based on enterprise PC demand. He said:

Recent supply chain conversations suggest that PC OEM orders for corporate platforms have accelerated in Q1. Most interestingly, forecasts indicate that strong corporate demand will continue into Q2, despite the expiration of XPsupport in April.

The rest is here:
Intel's new reporting structure sheds light on Internet of things, mobile