The PC market has been in a slump for quite some time now and chipmakers especially Intel (INTC) is losing sales. Analysts expect Intel to post another declining sales record for the fourth consecutive quarter.

Analysts expect Intel's earning per share to fall again. Is this happens this will be the sixth consecutive quarter the company's earnings per share has been falling. Wall Street even pointed out that Intel will find it hard to sustain their sales until the September quarter. There will not be any EPS growth for the company until December quarter according to the report.

Thomson Reuters polled analysts and results revealed predictions include Intel earning 39 cents a share, down 28%, while predictions on sales include $12.9 billion, down 4%, for the June quarter. For the present quarter, predictions indicate that Intel can earn 50 cents per share. This is 14% down given sales of $13.73 billion, up 2%.

Intel fell short of their target for Wall Street's Q1. The company said they can change PC sales particularly upon release of their Haswell line and Microsoft's (MSFT) new Windows 8.1 operating system. The company can have better sales figures by extending their services to business changing their old Windows XP PC systems.

Haswell Chips are expensive compared to previous processors. The devices they run on are also within the same pricy thus the limited market penetration potential. Intel can boost their sales with their lower cost processors given they improve their performance.

"For 4Q and the longer term, the most important biggest issue for the stock is the potential for low-priced Bay Trail systems to cannibalize mainstream Haswell systems, where (Intel) makes most of their profits. We think the success of Bay Trail has the potential to cause significant revenue compression, but don't think that negative catalyst is realized until later in the year, since Bay Trail won't be available to consumers until 4Q."Susquehanna analyst, Chris Caso, remains neutral about the future of Intel's stocks.

Despite forecast, Intel continues to push in other directions. Recently, it took another giant step towards touch-free computing when it bought Israel-based Omek Interactive. Intel acquired the gesture-recognition firm to boost their touch-based offerings. Just like other companies, Intel believes the market is shifting towards touch-based technology.

Intel and Omek will collaborate to push perceptual computing. Intel sees the future of computing where people interact with their devices more using voice commands, hand gestures and facial tracking.

"The acquisition of Omek Interactive will help increase Intel's capabilities in the delivery of more immersive perceptual computing experiences," Guy Grimland, Intel spokesperson, said.