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Strong sales boost Intel profits

Discussion in 'eCommerce' started by temi, Apr 20, 2005.

  1. temi

    temi Facilitator Webmaster

    Intel's computer chips are used in the majority of personal computers
    Intel has thanked strong demand for its Centrino laptop processors for a 29% rise in quarterly profits.
    The world's largest chip maker saw net income for its first quarter ending 2 April increase to $2.2bn (£1.1bn), against $1.7bn a year earlier.

    Sales rose to $9.4bn - the second highest in the firm's history - up from $8.1bn in the same period in 2004.

    The profit figure equates to 34 cents a share, above the average Wall Street expectation of 31 cents a share.

    source/full story: news.bbc.co.uk/1/hi/business/4461903.stm

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