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Intel Q1 2017 results

$14.8 billion in sales, $3.0 billion profit, sales and profits down from last quarter Intel reported its Q1 2017 revenue of $14.8 billion, down sequentially 9.8%, and up 8% annually, and in line with the company’s forecast. Operating income was $3.6 billion, down 20% from last quarter, and up 38% from a year ago, net income was $3.0 billion and ...

Jon Peddie

$14.8 billion in sales, $3.0 billion profit, sales and profits down from last quarter Intel reported its Q1 2017 revenue of $14.8 billion, down sequentially 9.8%, and up 8% annually, and in line with the company’s forecast. Operating income was $3.6 billion, down 20% from last quarter, and up 38% from a year ago, net income was $3.0 billion and EPS of $0.66. The company’s overall gross margin was up 0.2% sequentially to 62% and up 4.7% from last year. Shares of the world’s largest chipmaker were up since last quarter (see share price chart). Spending for R&D and MG&A
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