Feeds

Intel sales flatter than a pancake

A little better than expected

  • alert
  • submit to reddit

Intel saw its first fiscal quarter revenue beat out expectations even as chip and memory sales remained relatively cool.

For the period ending in March, Intel pulled in $915 million in net income, which is 2 percent less than the same quarter last year. The company posted total revenue of $6.75 billion, equating to 14 cents EPS (earnings per share).

Analysts were looking for Intel to earn 12 cents a share on $6.7 billion in revenue.

The average price for an Intel processor went up during the quarter as overall shipments fell. Sales in the Intel Architecture business came in just below last year's total.

Flash memory revenue also declined, as Intel last month warned might be the case.

Revenue fell in the Americas but was slightly higher in Europe and Asia-Pacific. ®

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.