With a growing addressable market in areas like security and data, Intel's ability to flex its R&D and manufacturing muscle may well be underestimated by the Street today.
Beating Lower Numbers for the Fourth Quarter
Intel reported a fourth quarter that was broadly better than published estimates, though still shy of where most analysts had been on the stock a couple of months ago. Revenue slid more than 2% sequentially, but jumped 21% over last year as Intel had little choice but to endure the disruptions to the PC market brought on by the flooding in Thailand (and the subsequent issues with hard disk drive supply).
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