Intel 2Q profit jumps 25 percent, beats Wall Street estimates
TMCnet - The World's Largest Communications and Technology Community
TMC Launches New Sites ::  NGC  |  4GWE  |  Green Tech  |  Satellite  |  IT |  ITEXPO  |  Healthcare  |  Smart Grid  |  M2M  |  Smart Products  |  AstriCon News  |  SATCON News
TMCnet CHANNELS
#1 VoIP Enabler: Risk-free, Quick & Easy Deployment
Advanced Carrier Services
Advanced IP Carrier
Answering Service
Appliance Deployment
ATCA
Auto Dialer
BPA (3rd Party Remote Call Monitoring)
Broadcast Modulator
Business Phone Systems
Business Process Automation
Business VoIP
Call Center
Call Center Certification
Call Center Digital Signage
Call Center Furniture
Call Center Hiring
Call Center Management
Call Center On Demand
Call Center Outsourcing
Call Center Scheduling
Call Center Software
Call Center Solutions
Call Center Training
Call Center Workforce Management
Call Monitoring
Call Recording
Communications Enabled Business Processes
Conference Call
Conferencing
Contact Center Headsets
Contact Center Software
CRM Cloud Computing
CRM Software
CRM Solutions
DID/DDI
Digital Signage
e911
E911 Hosted Solutions
Email Archiving
Email Server
Enterprise Fax over IP
Enterprise VoIP
Ethernet Extender
Fax
Fax Over IP
FoIP
HD Conference
Hosted Contact Center
Hosted Exchange
Hosted PBX
Integrated Communications
IP Fax
IP Multimedia
IP Phone Maker
IP Phone System
IP Phones
IP Transit
IVR
Lead Management Software
Master Agent
Mobile Management
Mobile Unified Communications
Mobile Video
NEBS
Network Installation
Open Source CRM
PBX PCI Adapter
Phone Systems
Portable Satellite Antenna
Predictive Dialer
Sales Software
SATCON
SIP
Speech Recognition and Text to Speech
Telecom Cost Management
Telecom Expense Management
Telecom Lifecycle Management
Telemarketing Software
Telepresence
Testing IP Services
Virtual Call Center
Virtual Office
Virtual PBX
Virtual Receptionist
Voice Broadcast
Voice Management
Voice Over IP
Voice Peering
Voicemail Replacement
VoIP Call Recording
VoIP Contact Center
VoIP Developer
VoIP Gateways
VoIP Monitoring
VoIPSwitch
Web Conferencing
Web Meeting
Wholesale VoIP
Wireless Expense Management
Wireless Management
Workforce Management
Workforce Optimization
Share
TMCnews
[July 15, 2008]

Intel 2Q profit jumps 25 percent, beats Wall Street estimates

(Associated Press WorldStream Via Acquire Media NewsEdge) SAN FRANCISCO_Intel Corp. says its second-quarter profit jumped 25 percent. Blossoming sales of laptop chips helped the company cruise past Wall Street's estimates.

The chip maker said Tuesday that net income was $1.6 billion, or 28 cents per share, in the quarter.

That was 3 cents per share higher than what analysts surveyed by Thomson Financial were expecting. It was a 25 percent jump from the $1.28 billion, or 22 cents per share, that Intel earned a year ago.

Sales set a record at $9.5 billion, up 9 percent over last year and $150 million higher than analysts' forecasts.



Some analysts' expectations were subdued on fears that the sputtering U.S. economy could be dragging down PC sales. They could be reassured that Intel's sales forecast for the current quarter is in line with Wall Street's predictions.



Copyright ? 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

[ Back To TMCnet.com's Homepage ]
Discussions:
Be the first to post a comment on this page!
 
By  
TMCnet
+ Add to the Discussion
Bookmark mobile.TMCnet.com on your mobile phone now to stay on top of the latest tech news.
TMCnet Videos
Featured White Papers
Featured White Paper RSS feed
10 reasons to switch to an IP PBX
Application Whitelisting: A new security paradigm
SCADA Systems Protection
view all white papers…
Top Stories
Today's TMCnet Top Stories and News Articles
Is Verizon Bringing the Droid People Seek?
SIP Trunking to Boost Unified Communications: Report
Is Your Business Ready for IPv6? (Part 1 of 3)
Google Portable Demands, Hardware Rumors
NetSuite CEO Zach Nelson, CFO Jim McGeever to Discuss Benefits …
more of today's top stories...
Related VoIP News
Latest IP Communitions and VoIP News
Brightpoint Enters into Agreement with Time Warner Cable
Rackspace Announces New Offerings to Push Apps into Cloud
HP Unified Cluster Portfolio Now Features Voltaire's Ethernet and InfiniBand Solutions
TELEHOUSE America: NYIIX Internet Peering Exchange is 'Longest Running' Public Peering Point in the New York Market
ADTRAN, Innovation Technologies Partner to Provide Advanced Voice Communications to Hospitality Sector

Subscribe FREE to all of TMC's monthly magazines. Click here now.