Intel reports record Q3 2011 earnings results

Intel reports record Q3 2011 earnings results

On the same day that Apple posted its somewhat disappointing Q4 earnings results, Intel is reporting the opposite with record-breaking Q3 earnings. The chipmaker surpassed the $14 billion revenue mark for the first time, reporting $14.2 billion in GAAP revenue, which has increased 28 percent from the year before, up $3.1 billion. Its net profit came in at $3.5 billion, up by $513 million or about 17 percent year-over-year. This is the sixth … [Read more...]