Intel profits climbed to $2.4 billion last quarter
 

Call the year's first calendar quarter "seasonally down" all you wish, Intel still managed to post higher profits in Q1 2010 than in the final quarter of 2009. The company racked up net income of $2.4 billion on revenue of $10.3 billion in Q1, giving it a small sequential profit increase together with an equally small sequential revenue drop.

Of course, if you contrast these new results with those from the same quarter a year ago, when the recession was in full swing, Intel now seems to be doing much better

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