A man looks at a smartphone at the Intel booth during the 2015 Computex exhibition at the TWTC Nangang exhibition hall in Taipei, Taiwan, June 2, 2015.
/Pichi Chuang
Intel Corp (INTC.O) reported quarterly revenue slightly above analysts' expectations on Wednesday, as growth in its data centers and Internet-of-Things businesses helped offset weak demand for personal computers that use the company's chips. The company's net income fell to $2.71 billion for the second quarter ended June 27, from $2.80 billion a year earlier. Earnings per share, however, were flat at 55 cents, due to a fall in the number of weighted average shares outstanding. (
bit.ly/1Hvmgay)Net revenue fell to $13.19 billion from $13.83 billion, the company said. Analysts on average had expected a profit of 50 cents per share and revenue of $13.04 billion, according to Thomson I/B/E/S. (Reporting by
Abhirup Roy in Bengaluru; Editing by Simon Jennings)
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