Intel Reports “Best First Quarter Ever”

April 13, 2010 at 2:35 pm  ·  Category: Macro Economics, Market Commentary, Stocks

Blowout quarter from Intel (INTC).  Revenues of $10.3 billion compared to analyst estimates for $9.8 billion.  EPS of 43 cents compared to analyst estimates of 38 cents.  Last year’s first quarter had revenues of $7.15 billion and EPS of 11 cents.  CEO Paul Otellini called it “Intel’s best first quarter ever”.

intc-1-year-chart

Disclosure: Top Gun is long Intel puts.

Posted by Greg Feirman  ·  Trackback URL  ·  Link
 

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