Intel profits surge towards heavens
Intel has reported fourth-quarter revenue of $10.6bn, a 28 per cent rise from the same quarter last year. Operating income for the quarter was $2.5 billion and net income $2.3bn, topping Wall Street estimates. That net income increase was a brawny 875 per cent improvement year-on-year, a $2bn rise. But as impressive as these …
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So, basically...
... they took a nosedive and are slowly getting up again, and that is sold as exceptional growth? Well done, spin masters!
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