With all of Wall Street's eyes upon it, Intel (Nasdaq:INTC) did what it had to do - the world's largest chip company delivered a quarter that should be good enough to calm some of the near-term fears about the PC and consumer electronic markets. By the same token, though, there is nothing in the guidance or management's commentary to suggest that business will be booming again anytime soon.
The Quarter That Was
Intel reported that third quarter revenue rose a little more than 3% sequentially (and more than 18% annually) to about $11.1 billion - a number that was slightly higher than the company's earlier disappointing guidance. Within the numbers, Intel reported that PC group microprocessor sales were up more than 2% sequentially, and made up about 57% of the company's revenue base.
Please click the link for the full article:
http://stocks.investopedia.com/stock-analysis/2010/Intels-Stability-Will-Have-To-Do-For-Now-INTC-AMD-NVDA-DELL-MSFT-AAPL-HPQ1014.aspx
No comments:
Post a Comment