Intel says PC sales improving; profit beats Street

(AP) -- Intel Corp.'s first-quarter profit blew past Wall Street's grim forecasts as the chip maker's CEO proclaimed Tuesday that personal computer sales "bottomed out" and have started recovering.

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<p><a href="http://www.physorg.com/news158945968.html">Intel says PC sales improving; profit beats Street</a></p> <p>(AP) -- Intel Corp.'s first-quarter profit blew past Wall Street's grim forecasts as the chip maker's CEO proclaimed Tuesday that personal computer sales "bottomed out" and have started recovering.</p>