Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 14 July 2010 09:23

Intel posts record earnings

Written by


A quarter to remember
Intel has reported the best quarter in its history, exceeding even the most optimistic forecasts.

Gross margins jumped to 67 percent and revenue topped $10.7 billion in the second quarter. The company reported profits of 2.89 billion, or 51 cents per share. Basically Intel managed to outperform all forecasts by a significant margin.

Of course, the good news did not go unnoticed by Wall Street and shares jumped 8 percent in after-hours trading. In fact, the entire tech sector was up on the news, including rivals AMD and Nvidia, which jumped 5.5 percent and 3.5 percent respectively.

Intel is projecting further increases in gross margin figures and revenues towards the end of the year.

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments