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Intel Quarterly Earnings Exceed Expectations

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Intel Quarterly Earnings Exceed Expectations

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Intel said on Tuesday that an improved PC market helped it to deliver quarterly earnings of $13.8 billion, operating income of $3.8 billion, net income of $2.8 billion and EPS of $0.55. The company also increased its full-year sales outlook.

An 83% year over year growth in Internet-of-Things was also announced.

Intel CEO Brian Krzanich said "Our second-quarter results showed the strength of our strategy to extend the reach of Intel technology from the data center to PCs to the Internet of Things."
http://www.tuxreports.com/intel/2014/07/16/intel-quarterly-earnings-exceed-expectations/
 
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