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Intel’s profit rises by 25%, notebooks help

Posted on 16.07.2008 at 03:25 in Tech News by Martin

Intel Corp said on Tuesday quarterly net income rose 25 percent, helped by strong sales of microprocessors used in notebook computers, and gave a revenue forecast that topped expectations. The world’s biggest chipmaker also reported an improved gross margin for the second quarter, but it was slightly below the midpoint of its own forecast range due to price pressures. For the current quarter, Intel said it expects revenue of $10.0 billion to $10.6 billion, compared with the average analyst forecast of $10.0 billion, according to Reuters Estimates.

Intel has been benefiting from brisk sales of notebook PCs, which are on track to outpace sales of desktop PCs this year. On Monday, Intel rolled out the latest generation of its Centrino wireless chip after a delay of several months. Shares of Intel ticked higher following the results, after gaining 1.2 percent in regular Nasdaq trading. “I like the revenue outlook and the gross margin outlook,” said Doug Freedman, an analyst with American Technology Research. “The only slight negative is the spending level on marketing and general administration is slightly higher.”

Source: Reuters

* Comments(14)

Comments (14)

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  1. k
    July 16th, 2008 | 03:27

    RS links please

  2. DJ Xtrme
    July 16th, 2008 | 03:28

    lol @ 1

    hard to understand the economy these days! especially with gas prices!

  3. Headsup
    July 16th, 2008 | 03:33

    Starship.Troopers.3.2008.DvDRip-FxM

    Just incase you dont know – might get it myself as one wernt bad, two was crap though.

    http://thepiratebay.org/tor/4298325/Starship.Troopers.3.2008.DvDRip-FxM

  4. WizaRd
    July 16th, 2008 | 03:40

    Notebooks are perfect for college students. Mine sucks for gaming though. :( And you can’t upgrade ‘em. Which also sucks.

  5. DJWill_I_AM444
    July 16th, 2008 | 03:45

    The reason for this, most collages and uni’s are making it mandatory, in some programs, to purchase a laptop. So boom, there goes the profit, because you now have tons of students that have to buy one, that wouldnt of really purchased one in the first place.

  6. zepski
    July 16th, 2008 | 03:46

    i can say i helped their profits my new desktop is intel

    my next pc will be an amd for use as a htpc

  7. lurka
    July 16th, 2008 | 04:01

    I wonder how well their profit growth will be after this gets out to the world: http://www.pcworld.com/businesscenter/article/148353/researcher_to_demonstrate_attack_code_for_intel_chips.html

    @5: I agree, and considering most of them offer a “reduced price” for one of the laptops from their suppliers, and most likely, those have intel chips vs amd.

  8. WizaRd
    July 16th, 2008 | 06:19

    Ha I got an HP notebook Dv2620 running vista ultimate 64 on 2 gigs of ram. With an AMD 64 x2 :) 3rd year engineering student. Though it is not mandatory…most assignments are done with a computer… giving those who own a laptop a clear advantage.

  9. stupid fanboy
    July 16th, 2008 | 08:31

    NOOOOO its because millions of apple macs have intel chips now.
    apple will save intel!

  10. name (required)
    July 16th, 2008 | 09:03

    Apple? Puh-lease.

  11. miley cyrus
    July 16th, 2008 | 11:30

    Intel needs no saving… its crap AMD that needs help filing chapter 11… just start making cell phone cpu’s and leave the real stuff to the masters of the chip!… and its good to see the chip tax on pringles go away in the UK… wow taxes in other country’s really suck

  12. rlslog does ppl a favor
    July 16th, 2008 | 16:39

    @Intel
    Go manufacture some proper Quad Core CPU (4 die, rather than 2*2 die).

    @AMD
    Stop messing around and sort of lack of performance in your quad core CPUs.

  13. Loony
    July 16th, 2008 | 18:09

    Multimillion dollar companies….getting bigger…and bigger..

    I just wish we went back to the stone age…lol

  14. F'em
    July 16th, 2008 | 18:38

    So if profits rose by x% and stocks rose y% what amount did wages for workers increase????? Or considering the weak dollar is a 25% increase really a decrease??

    @14 be careful what you wish for, the futile system is making a comeback!

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