Tag: Intel

Intel Profits Down 90% As PC Manufacturers Run Down Inventory

Intel’s fourth quarter profits took a hammering as their quarterly net income fell 90% from $2.014 billion to $0.234 billion. The credit crunch had driven revenue down from $10.217 billion to $8.2 billion. Intel decided to get all the bad news over at once this quarter with a $0.95 billion write off on their WiMax […]

January 15, 2009 | 0 Comments More