Intel’s IoT Segment Continued to Grow in Fiscal 2Q15

Previously in this series, we discussed how Intel’s (INTC) CCG (Client Computing Group) and DCG (Data Center Group) segments performed. IoT (Internet of Things) is another one of Intel’s segments. Along with the DCG segment, it managed to offset the fall in the other operating segments in 2Q15. Fiscal 2Q15 wasn’t any different. In its recent earnings release, the IoT segment posted $559 million in revenue. Its revenue grew 4% and 5% on a sequential and YoY (year-over-year) basis, respectively.

Read the source article at Yahoo Finance

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