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Intel Second-Quarter Results Way Above Wall Street Estimates
Created 07/15/2009 - 3:03pm

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Intel Second-Quarter Results Way Above Wall Street Estimates

Posted 07/15/09 at 06:03:52 PM  by Pulkit Chandna

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Intel posted its second-quarter earnings results on Tuesday. The results have come as a pleasant drizzle, if not a downpour, in this dry economic climate that has left everyone extremely thirsty. Intel recorded sales of $8 billion in the second quarter, which is $700 million more than what analysts had predicted. Although sales were down 15% compared to the same quarter a year ago, they were 12% more than the first quarter. Intel CEO Paul Otellini was very pleased by what he labeled as the company’s “strongest first- to second-quarter growth since 1988.”

Image Credi: BusinessWeek

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TAGS: intel, sales, analysts, earnings, second-quarter results
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Source URL: http://www.maximumpc.com/article/news/intel_secondquarter_results_way_above_wall_street_estimates

Links:
[1] http://www.maximumpc.com/user/opulent_rigs_0
[2] http://www.internetnews.com/bus-news/article.php/3829896
[3] http://www.maximumpc.com/article/news/intel_shipping_atom_n280_processor_brings_hd_netbooks
[4] http://www.maximumpc.com/article/news/analysts_predict_amd_intel_will_struggle_2009
[5] http://www.maximumpc.com/article/news/intel_claims_its_cpus_have_saved_2_billion_energy_costs