Intel's Q3 Earnings Reported,Steady At $13.5 Billion

Suffering from a slightly disappointing Q2, mega chip-maker Intel's Q3 results are in. Intel managed to wrangle $13.5 billion in revenues with a net profit of $3 billion. While Intel's latest figures reflect a profit of about 5.1 percent sequentially, the company is still taking a dip year over year of around 19 percent. "Our third-quarter results reflected a continuing tough economic environment," said Paul Otellini, Intel's CEO. Happy to take progress in any form during a trying economy, the company's fourth quarter strategy will highly focus on the success of ultrabooks, phones and Intel-powered tablets. While its recent gains may be somewhat slim, last we checked, a win is a win.

You have read this article Intel / Mobile News with the title Intel's Q3 Earnings Reported,Steady At $13.5 Billion. You can bookmark this page URL https://metroplexbbq.blogspot.com/2012/10/intel-q3-earnings-reportedsteady-at-135.html. Thanks!