SAN FRANCISCO MarketWatch -- Intel Corp
by Bussiness Style on Nov.22, 2009, under Bussiness, Market, Watch

In a statement, Chief Executive Paul Otellini said "strong demand from corporate customers for our most advanced microprocessors helped Intel achieve the best quarter in the company's 42-year history."
"The PC and server segments are healthy and the demand for leading-edge technology will continue to increase for the foreseeable future," he added.
In a call with analysts, Otellini also painted an upbeat picture of the global economy, saying "the economies of the world continue to reflect renewed economic momentum."
As expected, Intel found strength in a healthier corporate market. "In addition to continuing year-over-year growth in the consumer segments, this quarter we benefited from a broad-based return of the enterprise and small business segments," he said.
The chip giant's main business segment posted strong sales gains.
Revenue for its PC client group, which covers products for desktops, notebooks and netbooks, jumped 31% to $7.8 billion from the year-earlier period. Online Marketing Services Provider.
Sales for the data-center group, which includes products for servers and workstations, soared 42% to $2.1 billion from the year-earlier period.
For the current quarter, the company said it expects revenue of $11.6 billion, plus or minus $400 million. Analysts were expecting the company to post sales of $10.92 billion for the third quarter, according to a consensus survey by Thomson Reuters.
"Numbers are great across the board," Gleacher & Co. analyst Douglas Freedman said, noting that Intel's outlook "looks appropriately conservative, but still well ahead of street expectations."
IDC's Crawford Del Prete agreed the company had a "great quarter" and shows that Intel is "clearly seeing the benefit of a strong PC refresh cycle, mobile strength and product mix."Direct Marketing Services Provider.
"It does not get much better for them," he added. "The bigger question is: Where do they go from here? With so many mixed signals from worldwide markets, will spending continue? We think so, but it could mean a more caution the second half of 2010. ... For sure, Intel's outlook is strong, but the compares get harder."
Wedbush analyst Patrick Wang pointed out the increases were a "work in progress."
"They point to a late second-quarter build for anticipated demand in the third quarter," he said. "We'll see if global demand pulls through for them. Media Marketing Agency.














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