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Bonneville Seattle is raising funds for the construction of a second Fisher House at Joint Base Lewis-McChord in Tacoma and we need your help.News Summary: Intel posts lower 4Q earnings
January 17, 2013 @ 3:31 pm
(AP) - CHIPS ARE DOWN: Intel's sales are shrinking slowly, as consumers shift from PCs, to smartphones and tablets. The company is trying to follow the shift by getting its chips into more hand-held gadgets.
INTEL INSIDE: Intel earned $2.47 billion, or 48 cents per share, in the fourth quarter. That was down 27 percent from last year, but analysts expected 45 cents per share. Revenue fell 3 percent to $13.5 billion.
REBOOT?: Intel expects revenue growth to revive this year, rising by a low single-digit percentage.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
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Bonneville Media encourages site users to express their opinions by posting comments. Our goal is to maintain a civil dialogue in which readers feel comfortable. At times, the comments can descend to personal attacks. Please do not engage in such behavior. We encourage your thoughtful comments which: have a positive and constructive tone, are on topic, are respectful toward others and their opinions. Bonneville reserves the right to remove comments which do not conform to these criteria.