Intel Profit Drops, Outlook Upbeat

Intel's quarterly profit slid 7.8% on lower sales, but the semiconductor giant posted revenue and gross margin above its guidance.

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ASK NEWS:
  • Intel reportedly drops $13 billion acquisition talks with Altera - Business Insider
    Altera Is Said to Reject Intel Offer of About $54 a Share - Yahoo! Finance
    04/9/2015 - 9:34 am | View Link
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YAHOO NEWS:
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BING NEWS:
  • Why Intel Will Recover In FY 2015
    We are now forecasting the midpoint of capital spending at $8.7 billion, down $1.3 billion from the prior outlook ... Assuming Intel can stabilize sales coming out of the PC Client Group, while capex drops significantly year-over-year, there's decent ...
    04/16/2015 - 2:25 am | View Link
  • Intel reportedly drops $13 billion acquisition talks with Altera
    ... made sense for Intel — 90% of the company's operating profit comes from PC chips. The deal with Altera would have allowed Intel to diversify its business. Intel also cut its Q1 outlook by almost $1 billion last month because of desktop PC sales that ...
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  • IBM's Increased Profit Outlook Offers Some Solace To Investors
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  • Intel Drops 7%: Lots of Capex and a Little Hope, Says Street
    while maintaining an outlook for $53.7 billion in revenue this year but raising his EPS estimate to $1.90 from $1.80 to account for what will be higher gross profit margin than he’d been previously modeling. “While Intel had a few positives on the call ...
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BING SEARCH:
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  • The "Warnings" Begin: Intel Slashes Q1 Revenue Forecast by ...
    Intel Corporation today announced that first-quarter revenue is expected to be below the company's previous outlook. The company now expects first-quarter ...
    04/4/2015 - 2:20 pm | View Website
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