Thursday, January 15, 2015

Intel revenue rises 6.4 percent

The sign hanging outside the Intel booth is seen at the International Consumer Electronics show (CES) in Las Vegas, Nevada January 6, 2015. REUTERS/Rick Wilking



The sign hanging outside the Intel booth is seen at the International Consumer Electronics show (CES) in Las Vegas, Nevada January 6, 2015.


Credit: /Rick Wilking






- Intel Corp (INTC.O) reported a 6.4 percent rise in quarterly revenue as sales of personal computers stabilized.

Revenue from the PC business, however, fell about 3 percent to $8.9 billion in the fourth quarter from the third.


Net income rose to $3.66 billion, or 74 cents per share, for the quarter ended Dec. 27, from $2.6 billion, or 51 cents per share, a year earlier.


Revenue rose to $14.7 billion from $13.8 billion.


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