Play all audios:
Intel said its third-quarter profit fell 6.3 percentfrom the year-earlier period on a small revenue decline. Intel’s PC chipshipments fell 19 percent, but this was partly offset by a 15
percent lift inaverage selling prices.
In all, the chip maker reported Q3 net income of US$3.11 billion, down fromprofit in the year-earlier period of $3.32 billion. Revenue declined from$14.55 billion to $14.47 billion. For the
current fourth financial quarter, thecompany has estimated revenue of $14.8 billion, plus or minus $500 million.
About Post AuthorStaff WritersShare