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

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.”

Read More