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Intel reports strong second-quarter earnings

Intel reports strong second-quarter earnings

view Intel on Tuesday reported strong earnings for the second quarter of fiscal 2010, buoyed by strong microprocessor sales in the server segment.

Masters Dissertation Services Guidance The company reported net income of $2.9 billion for the quarter ended June 26. That is a turnaround from the $398 million loss that the company reported in the second fiscal quarter of 2009, which was dragged down by charges related to $1.45 billion in fines paid to the European Commission.

http://admisiones.uprrp.edu/wp-content/?essay=2080&writingservice=thesis-binding-services-belfast Earnings per share were $0.51, beating estimates of $0.43 from analysts polled by Thomson Reuters.

see The company reported quarterly revenue of $10.8 billion, up 34 percent compared to the year-ago quarter. Analysts estimated revenue to be around $10.3 billion.

view Read More/Source: Infoworld

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