Hardware16.07.2008

Intel beats forecasts

The profit amounted to 28c per share, better than the consensus Wall Street estimate of 25c.

The California-based company said revenue rose nine percent to a record $9.5 billion.

"Intel had another strong quarter with revenue at the high end of expectations and earnings up substantially year over year," said Paul Otellini, Intel president and chief executive.

"As we enter the second half, demand remains strong for our microprocessor and chipset products in all segments and all parts of the globe."

 

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