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Intel profits rise 44% for 2Q 2007

By Justin Mann

On July 17, 2007, 7:04 PM

Intel is loving life at the moment, especially when it comes to their huge advantage over AMD in the CPU market. For the second quarter of this year, largely due to good sales, their processors have earned them a giant 44% jump in profit. That is better than they have done for the previous year.

That said, their overall processor prices have been lowering, which has displeased some:

But investors seemed displeased with the company's closely watched gross profit margin, which fell to 46.9 percent of revenues - at the low end of the company's forecast - because of lower microprocessor selling prices and weak demand for NOR flash memory chips
They'll likely continue to do well, as AMD has still yet to answer with their processor refresh. Will they be able to carry the momentum once the excitement of Core 2 Duo dies down?

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