Intel 1Q sales, sunny guidance surprise Wall Street
April 15, 2008 By JORDAN ROBERTSON, AP Technology Writer
Intel Corp. CEO Paul Otellini holds up a 12-inch Penryn wafer with hundreds of individual silicon chips at Intel headquarters in Santa Clara, Calif., Wednesday, Nov. 7, 2007. Leading semiconductor maker Intel Corp. reports earnings for the first quarter after the closing bell Tuesday. (AP Photo/Paul Sakuma)
(AP) -- Investors knew Intel Corp.'s profits would fall sharply in the first quarter because memory-chip prices had slid. What surprised Wall Street was how well the chip maker's core business in microprocessors held up.
Content from The Associated Press expires 15 days after original publication date. For more information about The Associated Press, please visit www.ap.org .
Similar stories from PHYSorg:
AMD posts deeper loss, shares fall
Apr 21, 2009 |
not rated yet |
0
AMD stock sinks on profit-margin worries
Jul 21, 2009 |
not rated yet |
0
Intel says PC sales improving; profit beats Street
Apr 14, 2009 |
not rated yet |
0
Intel shares fall despite bullish PC prediction
Apr 15, 2009 |
not rated yet |
0
Intel, an infrequent acquirer, snaps up Wind River (Update)
Jun 04, 2009 |
not rated yet |
0
