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Intel Offers Rosy Outlook, Shares Soar

AP
posted: 1 HOUR 17 MINUTES AGO
filed under: Earnings, Tech News
Text SizeAAA
SAN FRANCISCO (July 14) - Intel Corp. says its profit and sales blew past Wall Street's forecasts - as long as analysts overlook a $1.45 billion antitrust fine from the European Union. The fine gave the world's biggest semiconductor company a net loss.
Intel also offered third-quarter sales guidance that was $700 million higher than analysts' average estimate. It was a sign that computer manufacturers are buying more chips than expected.
Intel says it earned $1 billion, or 18 cents per share, in the second quarter, excluding the EU fine. On that basis, analysts expected a profit of 8 cents per share, according to Thomson Reuters.
Including the fine, Intel lost $398 million, or 7 cents per share.
Sales fell 15 percent to $8.02 billion. Analysts had predicted $7.28 billion.
Copyright 2009 The Associated Press. The information contained in the AP news report may not be published, broadcast, rewritten or otherwise distributed without the prior written authority of The Associated Press. Active hyperlinks have been inserted by AOL.
2009-07-14 06:29:41
COMMENTS ( 4 )
Page 1 of 1 1
KZ10244
6:02PM Jul 14 2009 
All Hail Queen Nancy's 757
The Jet is a USAF Boeing 757

*And they STILL want to talk about Sarah's clothing??

Republicans! Are you out there?

*MADAME PELOSI*
Madame Pelosi wasn't happy with the small private jet that comes with the Speaker's job...no, Madame Pelosi was aggravated that this little jet had to stop to refuel, so she ordered a Big Fat 200 seat jet that could get her back to California without stopping!

Many, many legislators walked by and grinned with glee as Joe informed everyone what Nancy's Big Fat Jet costs us, the hard working American Taxpayers, for the thousands of gallons of fuel every week.

Since she only works 3 days a week, this gas guzzling jet gets fueled and she flies home to California, cost to the taxpayers of about $60,000 one way!

As Joe put it, 'Unfortunately we have to pay to bring her back on Monday Night.' Cost to us is another $60,000. Folks, that is $480,000 per month and that is an annual cost to the taxpayers of $5,760,000. No wonder she complains about the cost of this war...it might cramp her style and she is styling, on my back and yours.

I think of the military families in this country doing without and this woman, who heads up the most do-nothing Congress in the history of this country, keeps fueling that jet while doing nothing.

Madame Pelosi wants you and me to conserve our carbon footprint. She wants us to buy smaller cars and Obama wants us to get a bicycle pump and air up our tires.

These people are nuts.

If you think this is outrageous, forward it to all those on your email list!

Keep in mind the figures above do NOT include cost of plane or crew, just fuel! One wonders what her total package costs us? And she wants to tax OUR IRAs & 401Ks.....

YOU WILL NEVER SEE THIS IN ANY NEWSPAPERS IN THE COUNTRY! THEY HAVE NO GUTS - THEY WOULD RATHER SEE PEOPLE STARVING THAN REPORT ON THE MONSTER THAT IS NANCY PELOSI!

(OBAMADECEPTION.NET)
REPLY RATING
(1 RATINGS)
 
KZ10244
6:02PM Jul 14 2009 
All Hail Queen Nancy's 757
The Jet is a USAF Boeing 757

*And they STILL want to talk about Sarah's clothing??

Republicans! Are you out there?

*MADAME PELOSI*
Madame Pelosi wasn't happy with the small private jet that comes with the Speaker's job...no, Madame Pelosi was aggravated that this little jet had to stop to refuel, so she ordered a Big Fat 200 seat jet that could get her back to California without stopping!

Many, many legislators walked by and grinned with glee as Joe informed everyone what Nancy's Big Fat Jet costs us, the hard working American Taxpayers, for the thousands of gallons of fuel every week.

Since she only works 3 days a week, this gas guzzling jet gets fueled and she flies home to California, cost to the taxpayers of about $60,000 one way!

As Joe put it, 'Unfortunately we have to pay to bring her back on Monday Night.' Cost to us is another $60,000. Folks, that is $480,000 per month and that is an annual cost to the taxpayers of $5,760,000. No wonder she complains about the cost of this war...it might cramp her style and she is styling, on my back and yours.

I think of the military families in this country doing without and this woman, who heads up the most do-nothing Congress in the history of this country, keeps fueling that jet while doing nothing.

Madame Pelosi wants you and me to conserve our carbon footprint. She wants us to buy smaller cars and Obama wants us to get a bicycle pump and air up our tires.

These people are nuts.

If you think this is outrageous, forward it to all those on your email list!

Keep in mind the figures above do NOT include cost of plane or crew, just fuel! One wonders what her total package costs us? And she wants to tax OUR IRAs & 401Ks.....

YOU WILL NEVER SEE THIS IN ANY NEWSPAPERS IN THE COUNTRY! THEY HAVE NO GUTS - THEY WOULD RATHER SEE PEOPLE STARVING THAN REPORT ON THE MONSTER THAT IS NANCY PELOSI!

(OBAMADECEPTION.NET)
REPLY RATING
(1 RATINGS)
 
Fopdaddy1
5:26PM Jul 14 2009 
gee, everything is great!!! profit margin 51% wow the recession is over, the stimulous is working, obama has saved america!!!
REPLY RATING
(1 RATINGS)
 
FreedomChild82
5:20PM Jul 14 2009 
"Including the fine, Intel lost $398 million, or 7 cents per share.
Sales fell 15 percent to $8.02 billion. Analysts had predicted $7.28 billion"

How is that good news? It sounds bad to me.
REPLY RATING
(0 RATINGS)
 
Page 1 of 1 1
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