Intel Reports Third-Quarter Revenue of $13.5 Billion

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Intel Corporation today reported third-quarter revenue of $13.5 billion, operating income of $3.5 billion, net income of $3.0 billion and EPS of $0.58. The company generated approximately $5.7 billion in cash from operations, paid dividends of $1.1 billion, and used $536 million to repurchase 24 million shares of stock.
 
Summary... PC sales down 7.5% YoY, Intel's revenue declined 3.5% YoY. AMD announces quarterly results tomorrow.
 
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