Intel reports record turnover and doubles up on profit

by Hilbert Hagedoorn on: 07/28/2017 05:52 AM | source: | 46 comment(s)

Intel reached a new high as they had a record revenues of $ 14.8 billion USD in the second quarter of this year. That is a 9 percent growth over the same period in 2016.

The quarterly profit has risen from $ 1.3 billion ($ 1.11 billion) last year to $ 2.8 billion (2.4 billion) in the past three months. Thuis Intels profits have been doubled.

The revenues increases mainly are based on, among other things, to the growth in data centers. Revenues totaled $ 4.4 billion (3.77 billion), 9 percent more than a year earlier. Intel exceeded expectations of analysts with its quarterly figures.

The strong results make Intel positive about the expectations for the rest of the year. The company expects an annual turnover of $ 61.3 billion. A good 1.3 billion dollars more than previously anticipated.

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Picolete
Senior Member

Posts: 278
Joined: 2014-12-09

#5458775 Posted on: 08/03/2017 12:52 PM

yeah screw React OS and screw Linux.

real men use TempleOS

Glow in the dark CIA n*****s

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