It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Intel 2Q profit jumps 44 percent Intel 2Q profit jumps 44 percent
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Intel 2Q profit jumps 44 percent
Reply
 
Thread Tools
Old 18th July 2007, 02:12   #1
Member
 
Sidney's Avatar
 
Join Date: Mar 2004
Posts: 15,738
Sidney Freshly Registered
Default Intel 2Q profit jumps 44 percent

SAN JOSE, Calif. (AP) - Intel (NASDAQ:INTC) Corp. said Tuesday its second-quarter profit jumped 44 percent on strong sales of microprocessors even as the company faced fierce competition that pushed prices lower.

After hitting a new 52-week high during regular session trading, Intel's stock fell more than 4 percent in after-hours trading.

The Santa Clara-based chip maker's net income for the three months ended June 30 was $1.28 billion, or 22 cents per share, compared with $885 million, or 15 cents per share during the same period last year.

Were it not for certain one-time tax gains, Intel's profit for the latest quarter would have been lower by 3 cents per share. Analysts surveyed by Thomson Financial were expecting Intel to earn, on average, 19 cents per share.

Intel's shares, which were up 29 percent on the year prior to the earnings announcement, shed $1.26, to $25.07, in after-hours trading Tuesday.

http://money.cnn.com/news/newsfeeds/...3-18204844.htm
__________________
lazyman

Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II
Sidney is offline   Reply With Quote
Old 18th July 2007, 10:18   #2
Madshrimp
 
jmke's Avatar
 
Join Date: May 2002
Location: 7090/Belgium
Posts: 79,002
jmke has disabled reputation
Default

if they had abandoned the P4 earlier, they would have seen increases sooner too
__________________
jmke is offline   Reply With Quote
Old 18th July 2007, 11:03   #3
Rutar
 
Posts: n/a
Default

the margin is crap tough
  Reply With Quote
Old 18th July 2007, 19:30   #4
Member
 
Sidney's Avatar
 
Join Date: Mar 2004
Posts: 15,738
Sidney Freshly Registered
Default

@Rutar, light at the end of the tunnel.
Quote:
Another analyst, John Lau of Jefferies & Co., raised his price target for Intel to $29 from $25, saying the company "remains well positioned to regain market share on the back of its new products and its manufacturing prowess."
http://www.reuters.com/article/hotSt...38778520070718
__________________
lazyman

Opteron 165 (2) @2.85 1.42 vcore AMD Stock HSF + Chill Vent II
Sidney is offline   Reply With Quote
Old 18th July 2007, 20:06   #5
Rutar
 
Posts: n/a
Default

the only way to tell is Penryn vs Barcelona shootouts, if they can maintain a lead it would mean better prices and sales
  Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
88 percent of Intel CPUs in Q1 2011 to be Core 2010 jmke WebNews 2 12th May 2010 23:41
25 percent of Intel CPUs to have an IGP jmke WebNews 0 17th April 2010 13:39
Q1 Earnings: Intel achieves profit, but down -55% jmke WebNews 0 15th April 2009 12:54
Intel Q4 Profit Drops 39%, Beats Analysts Expectations jmke WebNews 0 17th January 2007 14:28
Intel jumps on 802.11n bandwagon with Centrino jmke WebNews 0 30th November 2006 09:49
ATI's Intel chipset deal amounted to 80 percent of its chipset revenue jmke WebNews 1 25th July 2006 17:31
Intel Price War, Profit Warning Coming? jmke WebNews 1 6th June 2006 23:38
AMD makes profit again at expense of Intel jmke WebNews 0 13th April 2006 10:10
Fair Trade Commission of Japan's Ruling That Intel Violated Antimonopoly Act Sidney WebNews 0 1st April 2005 22:50
Intel Advances Intel Centrino Mobile Technology with New Wireless Capabilities Sidney WebNews 0 27th August 2004 07:52

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


All times are GMT +1. The time now is 15:13.


Powered by vBulletin® - Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO