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Intel reports loss but revenue beats expectations

Discussion in 'TechSpot News and Comments' started by Jos, Jul 14, 2009.

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  1. Jos TechSpot Staff

    Intel appears to be on the rebound after hitting the bottom CEO Paul Otellini declared back in April. Even though profits for the second quarter were sunk into the red by a one-time $1.45 billion fine from the European Commission, the company still managed to report healthy sales of $8 billion; down from $9.4 billion a year ago but significantly higher than analyst expectations of $7.27 billion.

    Read the whole story
  2. It annoys me when you guys here at techspot post misleading financial news... stick to the tech jargon and please stop trying to crunch numbers. They didnt post a lose actually. They far blew away analysts ratings and after hour trading saw a spike of over 10%.

    In this economy, if they posted a gain of any type you should be happy haha. Considering all the chapter 11's ..
  3. red1776 Omnipotent Ruler of the Universe

    what article did you read unidentified guest? and did you read the whole thing?
  4. LinkedKube TechSpot Project Baby

    You know Guest, you dont have to come here to read the articles you know...
  5. snowchick7669 TechSpot Enthusiast

    It annoys me when people come here under 'Guest' accounts and leave comments like that.
  6. LinkedKube TechSpot Project Baby

    same here, idunno why they even added that feature.
  7. snowchick7669 TechSpot Enthusiast

    Yeah that's true. If they bother enough to leave a comment, then why not make an account.

    Then it eliminates the feel of "I'm anonymous, so I can be as disrespectful as I want"
  8. Julio Franco TechSpot Editor

    You have some of those, but there's also been a lot of phenomenal participation from guest users. Ultimately is a way for non-regular users to get more involved and eventually register.
  9. snowchick7669 TechSpot Enthusiast

    Thanks for clearing it up Julio :)

    Guess the pros outweigh the cons
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