Items tagged with q3 earnings

Late last week, market research firms IDC and Gartner handed down the latest PC shipment numbers for Q3 2015. It didn’t come as a surprise that IDC estimated PC shipments of 71 million, representing a 10.8 percent year-over-year (YoY) decline, while Gartner’s numbers were within the same ballpark with estimates of 73.7 million PCs sold, marking a 7.7 percent YoY decline. With that in mind, we can look at Intel’s third quarter financials with a bit of perspective. Intel’s third quarter revenue was $14.5 billion, while operating income and net income came in at $4.2 billion and $3.1 billion respectively. Earnings per share was listed at 64 cents. Those are all respectable numbers and came in right... Read more...