Intel profit beats expectations despite plunging sales

Intel announced its last financial results, hopes beating of the market and the declaration of worst was finished for computing industry even while its benefit of the first quarter fell to approximately 56 percent one year earlier. Specifically, the largest manufacturer of the computer-piece of the world saw a clear benefit of $647 million, to the bottom of $1.4 billion last year, whereas the income dropped 26% to $7.1 billion.

Although one thinks that netbooks are one stains luminous on the market, income of the processors of atom and the chipsets which lead them were also in bottom of 27 percent sequentially, to $219 million. All these numbers in fall a healthy quantity are once compared with other quarters, but the executives of Intel believe that the things could have been much worse if not for their operational effectiveness and the fact that the inventory was reduced 19 percent below the levels of the fourth quarters. The company also stated that they were on the way to reduce the operational expenditure 2009 of 2008.

President Paul Otellini believes that worst is finished of a prospect for correction of inventory and adjustment for level for request, and claims that the models of forwarding start to turn over to the normal seasonal models. In spite of its optimism, Intel refused to provide prospects for income for the quarter running, quoting economic uncertainty and the limited visibility continuous.