Intel earnings reveal weaker chip sales offset by a growing data center business
Intel’s profits fell 6 percent as the company’s PC business continued to struggle. But Intel’s revenues mildly exceeded its own expectations as the datacenter business continued to report strong results.
The one obvious black mark on the company’s third-quarter earnings were sales of its Atom processors into tablets. Intel sold 8 million tablet chips, a 39 percent drop compared to a year ago.
Overall, Intel reported net income of $3.1 billion on revenue of $14.5 billion,
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