Intel CEO says higher-than-expected prices helped drive Q1 profit growth

Intel CEO Brian Krzanich said during an earnings conference call that higher average selling prices for the first quarter drove the company’s financial results.
Earlier today, Intel reported earnings that beat analysts’ earnings for the first quarter ended March 31. Revenues for the quarter were $14.8 billion and non-GAAP earnings were $3.2 billion, or 66 cents a share.
“The first quarter marked a great start to the year,” said Krzanich. “Q1 was up 7 percent ov