17
October
2006
|
06:09 AM
America/Los_Angeles
Intel numbers just beat expectations
Intel beat expectations for its third quarter ended Sept. 30 with revenue of $8.7bn and net income of $1.3bn, it announced after the bell today. Analysts had been expecting $8.6bn in revenues.
News.com: The higher-than-expected revenue and profit numbers are still far away from the numbers Intel posted during 2005. Revenue was down 12 percent compared to the third quarter of 2005, and net income was down 35 percent.
But Intel started to get new products into the marketplace during the third quarter. It launched new Xeon server processor in June and rolled out new Core 2 Duo desktop processors in July.
- Richard Koman
