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Intel reports their Q3 revenue of $13.5 billion, a "tough economic environment" is to blame for the dip year-on-year

Intel reports Q3 revenue of $13.5 billion, is down year-on-year

| Business, Financial & Legal News | Posted: Oct 17, 2012 4:21 am

Intel have reported their Q3 earnings, raking in a total of $13.5 billion in revenue for the three months. Intel's Q3 earnings show a dip year-on-year, but still beat analysts' expectations. The global downturn on PC sales can attribute to the drop. Intel CEO Paul Otellini has said in a statement:

 

TweakTown image news/2/6/26252_04_intel_reports_their_q3_revenue_of_13_5_billion_a_tough_economic_environment_is_to_blame_for_the_dip_year_on_year.jpg

 

Our third-quarter results reflected a continuing tough economic environment.

 

During their investor call, the chipmaker didn't really touch down on their new Android-based devices, but they did say that progress is happening. Intel touched down on the launch of the 2.0GHz Motorola RAZR i for example. Intel also talked about the current transitioning that the global computing market which we're currently experiencing.

 

Intel didn't mention any OEM's that they would be working with in 2013, but we know that Intel have a multi-year, multi-device partnership with the Google-owned Motorola.

NEWS SOURCE
Androidcentral.com

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