Intel net income up by 44% year to year, profit down by 57%

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Intel has posted its second quarter figures and they’re sort of good. The year to year profit is up by 44%, but Q2 last year was really poor for Intel though (Q2 is pretty much always weak in this industry). Compared to last quarter profits was down by 57%, net income by 22% and operating income by 19%. While this is certainly a worse quarter than the last it is not especially bad overall. Intel managed to meet expectations to some extent and the third quarter expectations has grown now. The launch of the new processors with a 133MHz bus and new price cuts will cancel out each other and is not expected to raise profits nor net income significantly. Analysts predict that the adoption to quad-core will play a significant role in Intel’s future operating income, but market reports contradicts this as the overall interest in quad-cores is rather low.

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