Intel announces Q3 earnings...

[Wingznut]

I'm surprised that nobody has posted this yet... Quarterly earnings announcements usually get a thread early in the day. (Not that there's much to talk about here...)

Originally posted by: c|net
The Santa Clara, Calif.-based company reported a net profit of $686 million, or 10 cents per share, for the quarter ending Sept. 28... Excluding charges, Intel earned a pro forma profit of $768 million, or 11 cents per share.

Intel cut business costs and gained market share in desktop processors during the quarter, but it's still waiting for the other shoe--the economic one--to drop.

"We expect revenue in the fourth quarter to be between $6.5 billion and $6.9 billion," Andy Bryant, Intel's CFO, said during a conference call with analysts. That means sales will be "flat to up (by) 6 percent sequentially and at the low end of seasonal patterns for the quarter."

 

[Carrot44]

I did my part and got a Intel CPU and Chipset based MB 🙂

Sure hope their is a industry wide rebound soon.

Ken

 

[XBoxLPU]

I have an Intel and an AMD Machine

 

[odog]

same here... couple years of athlon... then 3 P4 mobos, 2 alphas, and 1.6A@2.27

ohh and a GigE NIC🙂

 

[glenn1]

Posted it in Off-Topic 6 minutes before you did in General Hardware 😉

link



INTC down 18% and AMD down 25% in after-hours trading. Bad tidings for tomorrow.

 

[Rand]

It seems Intel has come in at pretty much dead on what they'd previously forcasted for Q3.

 

[Degenerate]

Yikes OooO...... can i have a bit of that too? 🙂

 

[DJSnairdA]

Originally posted by: Degenerate
Yikes OooO...... can i have a bit of that too? 🙂

Yeah, they certainly have enough to share around 🙂

 

[new2pc]

Is Intel's price cut is still ON for October 27?😉