Intel Posts Disappointing Third Quarter Results, Spends Money to Cheer Up

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Intel, the largest chip maker in all the known galaxies, announced third-quarter revenue will be below what the company was initially expecting. The Santa Clara chip maker now says it will likely pull in $11 billion in revenue (plus or minus $200 million, which to Intel is like loose change in the pocket), compared to the previous expectation of up to $12 billion. But don't go worrying yourself over the state of Intel's business. Despite missing the mark for third-quarter revenue, the company remains in strong

30 Aug, 2010


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Source: http://hothardware.com/News/Intel-Posts-Disappointing-Third-Quarter-Results-Spends-Money-to-Cheer-Up
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