Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Strong Q1 to give Intel another boost in Q2: StarMine

Tuesday, April 17, 2012 - 01:36

April 17 - After reporting better-than-expected earnings in the first quarter, expect Intel to beat again in the next, according to exclusive StarMine data.

▲ Hide Transcript

View Transcript

Reporting better than expected earnings after the close the top chipmaker also says revenue will be going forward. Thanks -- relatively strong consumer demand with more top -- -- markets here. -- just talked about Intel last time you said first quarter would be. The start mind at that happen. What we've seen from start mine in terms of their expectations for the second quarter already happening to people ask them it's highly rated analysts who believe. That Intel's earnings per share could be as high as 61 cents for the second quarter this is stronger than consensus of 55 cents an Intel accords its own bullet forecast. So optimism about the fact that everyone was worried about what happened with PC sales of weakness there options go in that he -- what happened. Well he cells remain resilient in the first quieter on top of that analysts are very optimistic about the inventory levels and manufacturing operations of Intel. And also the new introduction of the new processor coming later this year. Therefore our analysts to believe that for the next four quarters we're gonna see an increase in earnings for print out and have the Smart business that's coming up to -- So there have to be some risk for the company what are some things that I am on the red lights and economic growth in Europe and China. And also some competition with the tablets however it's important to note that. Based on how resilient they weren't first quieter it looks it looks promising for profit expert. Writers and artists excitement around. I'm rob the shop there this is writers.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Strong Q1 to give Intel another boost in Q2: StarMine

Tuesday, April 17, 2012 - 01:36