Intel Q3 Stronger than Anticipated
With a revenue of $9.4 billion and net income of $1.9 billion in the third quarter of 2009, Intel's results fell below those from a year ago, but rose from the $8 billion in revenues from Q2.
The processor manufacturer surpassed analyst -- and even its own -- expectations with its results. Intel's revenue outlook was $9 billion, despite the upswing in sales end of August. According to Intel president and CEO Paul Otellini's forecast, "[Intel's] momentum in the current economic climate, plus our product leadership, gives us confidence about our business prospects going forward." Expressed in figures, the company hopes for $10.1 revenue in Q4, plus or minus $400 million.
Intel reports record mobile processor and chipset sales in Q3. Atom processor and chipset sales increased 15% from Q2 to $415 million.
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Tag Cloud
News
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An Even Smaller Raspberry Pi
The Raspberry Pi Foundation has announced an even smaller version of the tiny computer that will fit into a DIMM slot.
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Newly Discovered Android Vulnerability Causes Privilege Escalation
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Facebook Rolls Out New PHP-like Programming Language
New Hack language adds static typing and other conveniences.
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Fedora Announces Innovative Crytography Policy System
New crypto policy system will offer easier configuration and more uniform security.
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Shuttleworth Calls for Declarative Firmware
Ubuntu founder denounces insecurity in proprietary, close-source software blobs.
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New TLS Attack Takes the S out of HTTPS
Vulnerability affects many Linux web servers
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Munich Adopts Kolab
The Bavarian capital shuns Microsoft, Google, and other alternatives to implement an open source groupware solution.
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Canonical Announces Ubuntu Smartphones
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Piviti Seeks Funding
Donors will get to vote on new features for the free video editor.
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Debian Tech Committee Votes for systemd
Debian project puts init out to pasture and says no to Ubuntu's Upstart.