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Intel posts quarterly results slightly below estimates

by fwire  Jul 18, 2012 02:00 IST

#Latin America   #markets  

SAN FRANCISCO (Reuters) - Intel Corp posted second-quarter revenue of $13.5 billion and net earnings of $2.8 billion, or 54 cents a share, as the personal computer industry wrestles with troubled economies and consumers shift toward tablets.

The world's largest chipmaker estimated third-quarter revenue of $14.3 billion, plus or minus $500 million. Analysts had expected $13.56 billion in revenue for the second quarter and $14.60 billion for the current quarter, according to Thomson Reuters I/B/E/S.

(Reporting By Noel Randewich)

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