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Intel reports loss but revenue beats expectations
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#1
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Intel reports loss but revenue beats expectations
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
__________________
Jose Vilches
Managing Editor |
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#2
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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 .. |
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#3
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what article did you read unidentified guest? and did you read the whole thing?
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#4
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You know Guest, you dont have to come here to read the articles you know...
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#5
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It annoys me when people come here under 'Guest' accounts and leave comments like that.
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#6
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same here, idunno why they even added that feature.
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#7
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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" |
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#8
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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.
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#9
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Thanks for clearing it up Julio
![]() Guess the pros outweigh the cons |
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Intel raises Q3 revenue and gross margin expectations