Intel 3Q profit climbs 43%

[HardOCP News]

Intel is reporting that third quarter earnings rose 43 percent thanks to strong laptop processor sales. Intel's CEO says the company expects revenue and operating income to continue to improve into the fourth quarter.

Net income for the quarter ended Sept. 29 grew to $1.86 billion, or 31 cents per share, from $1.30 billion, or 22 cents per share, a year ago. Revenue climbed 15 percent to $10.09 billion from $8.74 billion in the prior-year period. Analysts surveyed by Thomson Financial expected a profit of 30 cents per share on revenue of $9.62 billion.

 

[HAF72]

time to buy intel stocks!

 

[Manny Calavera]

My wife and I are happy about this to say the least.We as of Sept 07 held just over 1000
shares,so this is wonderful news ! We are looking to buy more before years end.