Stock market, and economy, at any point in time are unfathomable IMHO. Among plethora of conflicting news, it is a challenge to understand the true state of affairs. Plus majority of us are biased. A Bull is always on a lookout for good news. This blog is for Bulls- where only those news are posted which strengthen Bullish outlook. If a Bear stepped into this Bull territory by mistake, he should get out and visit a field dedicated to Bears: http://for-bears.blogspot.com
Tuesday, October 20, 2009
Intel's outlook gives hope for rebound in computer industry
Intel's outlook gives hope for rebound in computer industry
As chip-maker Intel announced third-quarter earnings, it also provided a positive outlook for this quarter, one that gives hope of rebound in the computer industry. Intel's earnings, with profit at 33 cents a share and revenue at $9.39 billion, beat analysts' estimates. The profit margin was 57.6%, but the company forecast a rise to 62% this quarter because demand for personal computers and smaller machines is expected to increase. The Wall Street Journal
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