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Intel having a great time, shall we buy some shares too?

July 14th, 2010        

Intel having a great time, shall we buy some shares too?

Wow what a wonder year in the office of Intel Corp. Surely everyone are craze over smartphones and tablets, but Intel just proven others that the desktop ain’t dead yet. And to prove a point, they’re gonna show off their great result in this quarter of the year. How does $2.9b sound like for a quarter’s profit? That’s for the total sales record of $10.8b. Nah, that’s small amount (lol) but let’s compare that to the previous quarter, and we get an increment in $445m in profit, and also a whopping $3.3b from last year. That’s all driven by record laptop and server chip revenue, as well as a 16 percent increase in Atom revenue. Now, the ironic, they’re selling chips at a higher price compared to previous quarters. Wow, selling chips at a higher price, that’s always good for business! They must be laughing right now while going to the bank.

[via Intel]

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