High expectations hard to reach
Intel boss Brian Krzanich noted a “strong finish to the year” for the world’s leading semiconductor player, though it wasn’t enough to prevent shareholders from feeling skittish.
The “strong finish” translated into $14.9 billion in revenue for the fourth quarter, up 3 percent sequentially and 1 percent year-over-year, along with operating income of $4.3 billion and net income of $3.6 billion, which itself is a gain of 16 percent compared to the …read more
