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

Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
Why CIOs should rethink endpoint data protection in the age of mobility
Assessing trends in data protection, specifically with respect to mobile devices, BYOD, and remote employees.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security and trust: The backbone of doing business over the internet
Explores the current state of website security and the contributions Symantec is making to help organizations protect critical data and build trust with customers.