TITLE

Intel cements comeback with record Q3 results

AUTHOR(S)
Taylor, Colleen
PUB. DATE
October 2007
SOURCE
Electronic News;10/22/2007, Vol. 53 Issue 43, p29
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on 2007 third quarter revenue of $10.1 billion posted by Intel Corp. Intel's $2.2 billion operating income for the third quarter was a 64% increase from 2006, while its net income of $1.9 billion was a 43% boost year-over-year and a 46 percent boost sequentially. According to the author, this signals a major turnaround from the past performances of Intel. The increase was primarily driven by higher microprocessor volumes, lower 45-nm start-up costs and lower microprocessor unit costs, Intel said.
ACCESSION #
27296207

 

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