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Intel profit falls but outlook upbeat, stock jumps (AP)

13.10.2009 23:26   49 views   0 comments


In this Sept. 22, 2009 photo, Intel Corp. CEO Paul Otellini shows off a chip wafer at the Intel Developers' Forum in San Francisco. Intel Corp. on Tuesday, Oct. 13 said its third-quarter profit dropped 8 percent as prices for its chips fell.  Sales fell 8 percent to $9.4 billion, but both numbers were better than Wall Street projected and Intel offered better-than-expected sales guidance for the fourth quarter. (AP Photo/Paul Sakuma)AP - Intel Corp.'s third-quarter numbers show the company is getting better at doing more with less in the toughest stretch for the personal computer industry in nearly a decade.




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