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.

Sections:  news   business   
RELATED ARTICLES
  • Microsoft Develops Set-Top Box
    Microsoft has been developing designs for a simple set-top device for streaming video and other entertainment options. More
  • Amazon may be working on a smartphone with hologram-like 3D
    Amazon is reportedly developing a smartphone that sports a 3D screen that relies on retina-tracking technology to make images seem to float above the screen like a hologram. With the smartphone, users would be able to navigate through content by using their eyes alone, according to two unnamed people who discussed the phone with the Wall Street Journal. More
  • YouTube launches pay channels with campy flicks
    Roger Corman's campy B movies, children's shows like "Sesame Street" and "Inspector Gadget," and inspirational monologues by celebrities — these are among the 30 channels that will require a paid monthly subscription on YouTube coming soon. More
  • FCC moving forward on speedier in-flight Internet service
    U.S. federal telecommunications regulators are pushing ahead with efforts to bring faster Internet service to commercial and private airline flights. The Federal Communications Commission on Thursday started deliberations on a proposal that would offer a new type of in-flight broadband service promising U.S. More
BING NEWS:
  • Intel profit drops, hurt by restructuring costs
    For 2016, the company maintained its revenue outlook for growth in the mid-single digits ... Over all, Intel reported a profit of $1.33 billion, or 27 cents a share, down from $2.71 billion, or 55 cents a share, a year earlier. Excluding certain items ...
    07/19/2016 - 5:56 pm | View Link
  • Intel Drops After Signaling Caution on World Economic Growth
    Intel’s outlook also highlights the company’s inability to wean ... That production technology has helped Intel stay ahead in servers, which provide much wider profit margins. A top-of-the line Xeon part for servers has a retail price of more than ...
    01/15/2016 - 3:10 am | View Link
  • Intel Drops 9%, Leads Markets Lower; All Eyes on China
    CEO Brian Krzanich remarked, “While the outlook for the first quarter reflects some caution ... Ing cuts his 2016 estimates to $59.29 billion in revenue and $2.13 a share in profit from a prior $59.97 billion and $2.44 per share. Kinngai Chan ...
    01/14/2016 - 10:40 pm | View Link
  • Intel share price drops despite strong results
    Analysts said Intel's better-than-expected fourth quarter profit of $3.6bn failed to ease concerns about ... connected world,” said Krzanich in a post-earnings call. "While the outlook for the first quarter reflects some caution for overall demand ...
    01/14/2016 - 10:00 pm | View Link
  • Intel reportedly drops $13 billion acquisition talks with Altera
    The deal would have 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 ...
    04/8/2015 - 10:12 pm | View Link
  • More
BING SEARCH:
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    02/21/2017 - 6:05 pm | View Website
  • Techmeme
    Amazon's Alexa adds Outlook.com calendar integration, letting users add and review events — Get Alexa to manage your Outlook calendar for you.
    02/21/2017 - 11:24 am | View Website
  • Wires
    2 Mins Ago. NEW YORK _ CBS Corp. on Wednesday reported a fourth-quarter loss of $113 million, after reporting a profit in the same period a year earlier.
    02/21/2017 - 9:30 am | View Website
  • Latest Topics | ZDNet
    Latest trending topics being covered on ZDNet including Reviews, Tech Industry, Security, Hardware, Apple, and Windows
    02/21/2017 - 8:18 am | View Website
  • Aluminum market analysis, industry forecasts & price ...
    The global leader in aluminum industry analysis and outlook, HARBOR intelligence produces strategic aluminum industry and outlook reports to help its clients make ...
    02/21/2017 - 8:11 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News