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Intel posts quarterly results slightly below estimates

Intel Corp posted second-quarter revenue of $13.5 bn and net earnings of $2.8 bn, or 54 cents a share

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Reuters San Francisco
Last Updated : Jan 24 2013 | 2:11 AM IST

Intel Corp posted second-quarter revenue of $13.5 billion and net earnings of $2.8 billion, or 54 cents a share, as the personal computer industry wrestles with troubled economies and consumers shift toward tablets.

The world's largest chipmaker estimated third-quarter revenue of $14.3 billion, plus or minus $500 million. Analysts had expected $13.56 billion in revenue for the second quarter and $14.60 billion for the current quarter, according to Thomson Reuters I/B/E/S.

 

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First Published: Jul 18 2012 | 1:38 AM IST

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