Thursday, July 21, 2011

Intel exceeds expectations in the second quarter

The world of microprocessors, Intel, published Wednesday, July 20, quarterly results better than expected, with a 2% increase in net profit to $ 3 billion. Sales for "record" for its part, increased 21% to 13 billion dollars. "The strong business demand for our most advanced technologies, the rise of portable devices and Internet traffic, which has fueled growth in data centers, as well as the rapid growth of IT in emerging countries, have led to record results, "said the CEO, Paul Otellini, said in a statement.

Citing "a growing confidence in second half of 2011", Intel came up with a forecast of sales above expectations for the third quarter: it expects revenue from 13.5 to 14.5 billion. The action, however, yielded 0.44% to 22.89 dollars in electronic trading after the close of the New York Stock Exchange.

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