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Intel beats third quarter earnings forecasts
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#1
10-13-2009
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Intel beats third quarter earnings forecasts
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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