Best Buy noted that in U.S. outlets it saw a low double-digit comp stores sales decline in TVs and entertainment hardware and software, with TVs seeing a low-double digit decline in units and a mid-single digit price decline.

FORBES: Best Buy Plays Grinch: Offer Grim Holiday Sales Outlook

But Intel continues to post double-digit growth in both units and revenues for PC microprocessors.

FORBES: Intel Keeps Outgrowing The Pundits' PC Forecasts