Sunday, July 18, 2010

Why Intel Did Better

Intel's chips are used in 80% of the world's computers.Its Q2 results show that people and companies are investing in technology,Chief Financial Officer Stacy Smith says.The enterprise market came back.They saw server and notebook sales strong.The IP network centers invested in posting information in the cloud.
Intel sees tablets as being a complimentary market.They saw nice growth in netbook sales and great growth in notebook.They think they're gonna be very well represented in tablets.
Intel's success is a combination of the strength of their product lines and their hard work to reduce their expenses.They're still really excited about the investment they're making in China.They saw that China over Q2 was a little stronger than normal seasonal patterns by the end of the quarter.China will be Intel's largest market in the world,Mr.Smith predicted.
Another tech titan,IBM,posted earnings per share that were greater than estimates,but,unlike Intel,reported revenue that missed the estimates of Wall Street analysts.Texas Instruments followed suit.
Intel(INTC),International Business Machines(IBM),Texas Instruments(TXN)

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