Intel Corp. chips helped boost third quarter profits by 5 percent." /> Intel Quarterly Profits Up 5% | Balanced News Blog

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Intel Quarterly Profits Up 5%

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by admin | October 19, 2005 at 12:21 pm UTC

Strong demand for notebook computers powered by chips helped boost third quarter profits by 5 percent.

In the three months ended Oct. 1, the world’s largest maker of PC microprocessors earned $2 billion, or 32 cents per share, compared with $1.91 billion, or 30 cents a share, in the same period a year ago.

Revenue rose 18 percent to $9.96 billion compared with $8.47 billion in the year-ago period.

Source: MSNBC.

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