Tuesday, October 16, 2012

Intel reports Q3 revenues of $13.5 billion, down five percent from previous year

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Intel has just announced its Q3 2012 earnings, with reported revenues of $13.5 billion representing a five percent decline from the $14.23 billion the company earned one year ago. Despite the slight dip, Intel's revenue and earnings per share (EPS) both beat out the analysts estimates. Business Insider is reporting estimates of $13.23 billion in revenue and $0.50 per share; actual EPS for the quarter was $0.58, down from $0.65 in the year-ago quarter. The decline in revenue was driven by the PC client group's revenue of $8.6 billion, which was down eight percent year-over-year, and the "other" Intel architecture group's revenue of $1.2 billion, which was down 14 percent year-over-year. Intel's data center group was a highlight, with...


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via The Verge - All Posts http://www.theverge.com/2012/10/16/3513140/intel-q3-2012-earnings

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