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Intel profit falls 8 pct but chip maker offers better-than-expected guidance

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Angsuman Chakraborty

Posts: 19816
Nickname: angsuman
Registered: Dec, 2003

Angsuman Chakraborty is the CEO and Chief Architect at Taragana
Intel profit falls 8 pct but chip maker offers better-than-expected guidance Posted: Oct 13, 2009 2:26 PM
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Original Post: Intel profit falls 8 pct but chip maker offers better-than-expected guidance
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Intel profit falls 8 pct on low chip prices SAN FRANCISCO — Intel Corp. says its third-quarter profit dropped 8 percent as prices for its chips fell. Sales fell 8 percent to $9.4 billion, but both numbers were better than Wall Street projected and Intel offered better-than-expected sales guidance for the fourth quarter. Net income was $1.9 billion, [...]

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