Intel Corp. earnings beat expectations

Article Abstract:

Intel Corp. posted higher-than-expected earnings and revenues for the 1999 fourth-quarter. The company posted $2.4 billion (2.33 billion euros) in earnings, a 17% increase from the year-before period.

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Intel's earnings miss forecasts; IBM does better

Article Abstract:

Intel Corp. posted an increase of 72% in its earnings for the 2000 third-quarter. International Business Machines Co. (IBM) posted higher than expected earnings of $1.11 per share for the period.

Semiconductors and related devices, Computer and Office Equipment, Office & Computing Machines, Office equipment, Office equipment and supplies industry, Office equipment industry, INTC, International Business Machines Corp., IBM

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Despite earnings slip, Intel expects a good 2nd half

Article Abstract:

Intel Corp. posted earnings that were slightly below what analysts predicted for the second-quarter of 1999. The company's quarterly earnings were affected by declining chip prices. However, Intel said that its sales and profit margins for the second-half of 1999 should be solid. The company reported $1.7 billion (1.67 billion euros) in net income for the quarter. Intel posted $6.7 billion in revenues. This was 5% below the first quarter.

Comment:

Posts earnings slightly below what analysts predicted for second-quarter of 1999

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