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Intel beats third quarter earnings forecasts

Discussion in 'TechSpot News and Comments' started by Matthew, Oct 13, 2009.

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  1. Matthew TechSpot Editor, Community Manager

    Intel did well for itself in the third quarter, outpacing analyst's profit and revenue forecasts -- though, figures were still down from a year ago. The chipmaker posted net income of $1.9 billion on revenue of $9.4 billion during the third quarter, which is up 73% and 18% from the previous quarter, but down 15% and 7.8% year-over-year.

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