Intel's last quarter revenue was a disaster in both the client and server segments. Client Computing Group (CCG) revenue fell 36%, with operating income falling 82% to just $0.7 billion in Q4'22 from $3.8 billion last year . Revenue fell from $10.3 billion in the last quarter of 2021 to $6.6 billion in the fourth quarter of 2021. Declining market demand and a sharp reduction in unit sales were recurring themes in Intel's earnings report.
The Customer Computing group saw the launch of the 12th generation Alder Lake laptop processors and the 13th generation Raptor Lake desktop line. As a result, average market prices (ASP) reached an all-time high in the fourth quarter of 2022, up 11% year-on-year. Laptop revenue decreased by $6.7 billion (year-over-year) to $18.8 billion in 2022.
Laptop unit sales fell 36% due to lower demand across the market, while market prices (ASP) increased 15% due to the introduction of premium offers. Alder Lake-H and HX range. On the other hand, desktop revenue saw a nominal decline of $1.8 billion to $10.7 billion in 2022. Unit sales of Intel Core desktop processors declined by 19%, which which was partially offset by a 5% increase in average selling price (ASP).